长时间的繁荣将导致过分的风险承担以及“旁氏金融”，投资者用借来的钱购买资产以期获得短期资本利得。
Long booms tended to result in excessive risk-taking and "Ponzi finance", where investors buy assets with borrowed money in the hope of quick capital gains.
长时间的繁荣将导致过分的风险承担以及“旁氏金融”，投资者用借来的钱购买资产以期获得短期资本利得。
Long booms tended to result in excessive risk-taking and "Ponzi finance", where investors buy assets with borrowed money in the hope of quick capital gains.
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