Merkel warns of bubble, calls for regulations on financial institutions
英语课
DAVOS, Switzerland, Jan. 24 (Xinhua) -- German Chancellor 1 Angela Merkel on Thursday warned of bubble driven by improper 2 regulations on financial institutions.
Addressing business and political leaders at the World Economic Forum 3 here, Merkel called on the financial industry for support in putting regulations on financial institutions in place.
She said that every financial instrument, every financial product and every financial market should be placed under regulations.
"We are very far from that," Merkel said.
She warned of another bubble or deep crisis for the global business and economy, saying that it "will become very very difficult to master."If that happen, "people will then completely lose trust," she said.
According to Merkel, people will not allow the policy makers 4 and the industry to make the same mistakes again. "They will not forgive us for making such mistake again."
n.(英)大臣；法官；(德、奥)总理；大学校长
- They submitted their reports to the Chancellor yesterday.他们昨天向财政大臣递交了报告。
- He was regarded as the most successful Chancellor of modern times.他被认为是现代最成功的财政大臣。
adj.不适当的，不合适的，不正确的，不合礼仪的
- Short trousers are improper at a dance.舞会上穿短裤不成体统。
- Laughing and joking are improper at a funeral.葬礼时大笑和开玩笑是不合适的。
n.论坛，讨论会
- They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
- The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。
标签：
bubble