My involvement in financial crises over several decades has taught me that the longer governments wait to take tough decisions the more difficult it is to stem the tide and curb the ensuing increase in losses.
數十年來對金融危機的關注讓我明白,政府作出艱難決定的時間越晚,力挽狂瀾、遏制損失擴大的難度就越大。
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