金融危机的地缘政治后果

    普林斯顿amp#45;amp#45;忧心忡忡的投资者和决策者们正在陷于大萧条的比较之中。但是,1931年的教训只有一部分是金融或者经济方面的。1931年的危机规模如此巨大、破坏力如此严重,是因为那是一场在地缘政治舞台上演的金融剧本。

    今天,人们在讨论中得出了两个吃惊的结论,但是只有其中一个得到了完整的分析。首先是需要大规模的公营部门行动。第二,由于在全球化的世界中协助需求跨越国界,因此这样的行动复杂多变。

    首先,人们已经尝试了私营部门的解决方案,但是都迅告失败。在这些无效的措施中最为经常出现的安慰就是,糟糕透顶的危机就是泻药。资不抵债的公司破产,坏帐勾销,而放款人又可以抱有信心放贷了。

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