替换一次差的雇佣，成本远远超过一次性就雇佣优秀人才所多出的边缘成本。
The cost of replacing a bad hire far exceeds the marginal additional cost of hiring the best person in the first place.
大量容易取得的廉价资金掩盖了一个危险的事实：在加入欧元区以后，边缘经济体的竞争力——以单位劳动力成本为衡量指标——一直逐步下降。
The flood of easy money disguised the hard truth that the competitiveness of the peripheral economies, gauged by measures like unit Labour costs, had steadily worsened after joining the euro.
上周，随着交易员们开始将他们的经济视角从欧洲那些恣意挥霍的边缘经济体转到了欧洲核心经济体身上，法国债券的保险成本出现了大幅攀升。
The cost to insure French debt soared this week as traders started to shift their attention away from the economic health of Europe's more profligate periphery to that of its core members.
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