This means smaller banks can cream off big profits during lending booms.
这就意味着较小银行在贷款高峰期能将高额利润入私帐。
It is easy now to dismiss the rise in living standards in the “Celtic Tiger” years as illusory, particularly as Ireland enjoyed house-price and credit booms that were big even by British standards.
(看图 1)现在,很容易把“凯尔特之虎”(注3)生活水准的上升打发成为经济泡沫年代的幻象,特别是爱尔兰所经历的房价上升及流通信用的膨胀,哪怕以英国的标准来讲都是庞大的。
First of all, it's no big deal to predict booms and busts.
首先,预言增长和破裂不是什么大不了的事。
First of all, it's no big deal to predict booms and busts.
首先,预言增长和破裂不是什么大不了的事。
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