金融危機

Crises have left us stuck in a ‘doom loop’ of insuring risky behaviour
危機讓我們陷入爲冒險行爲提供保障的「惡性循環」

The state safety net is becoming dangerously distended with support for households and businesses as well as banks
霍爾丹:最近由矽谷銀行倒閉引發的金融鬧劇似曾相識,我們仍陷入了「惡性循環」,得到保障的冒險行爲會引發進一步的冒險行爲。

The writer, an FT contributing editor, is chief executive of the Royal Society of ArtsAfter a decade of radical financial regulatory reform, designed to rid the world of institutions that were “too big to fail”, this time was meant to be different. Alas, not. Not only the big (Credit Suisse) but the medium-sized (SVB) were found to matter, the safety net was again distended, and the best-laid regulatory plans perished in their first brush with reality.

本文作者是英國《金融時報》特約編輯,英國皇家藝術學會(Royal Society of Arts)行政總裁

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