觀點壓力測試

A TEST CYNICALLY CALIBRATED TO FIX THE RESULT
自欺欺人的壓力測試


FT專欄作家明肖:歐洲銀行壓力測試的整個機制是爲了迎合結果設置的,只有不管怎樣都必須重組的銀行纔會通不過,其結果可以說是沒有意義的。

If you tried to test the safety of cars or children's toys using the same method the European Union applied in its stress tests on banks, you would end up in jail. How so? Simply because the testing mechanism was calibrated to fix the result. The purpose of the exercise was to ensure that the only banks that failed it were those that would have to be restructured anyway.

如果你試圖用歐盟(EU)在銀行壓力測試中使用的同樣方法,來檢測汽車或兒童玩具的安全性,那你會被送進監獄的。何以見得?原因很簡單:整個測試機制就是爲了迎合結果而設置的。壓力測試的目的,就是確保只有那些不管怎樣都必須重組的銀行纔會通不過測試。

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