Across the continent, Latin America's uncompetitive economies had been piling up debt. In the 1970s, a massive hike in world oil prices left foreign banks awash with petrodollars.
拉丁美洲大陆国家经济普遍缺乏竞争力,这使得它们背负了沉重的债务负担。70年代,世界石油价格的飞涨使得许多外国银行充斥了太多的石油美元。
Across the continent, Latin America's uncompetitive economies had been piling up debt. In the 1970s, a massive hike in world oil prices left foreign banks awash with petrodollars.
拉丁美洲大陆国家经济普遍缺乏竞争力,这使得它们背负了沉重的债务负担。70年代,世界石油价格的飞涨使得许多外国银行充斥了太多的石油美元。
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