If institutions perceive that they can count on being bailed out during crises, they will be more willing to risk insolvency in future-creating a so-called moral hazard.

如果金融机构认为它们可以成为摆脱危机的依靠，这样它们将更愿意冒今后无力偿付的风险，从而形成所谓的道德风险。

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Problem-perplexing banks are often faced with three crises: the moral crisis, the management crisis, and the survival crisis.

有问题银行通常会出现三大危机，即道德危机、管理危机和生存危机。

youdao

Problem-perplexing banks are often faced with three crises: the moral crisis, the management crisis, and the survival crisis.

有问题银行通常会出现三大危机，即道德危机、管理危机和生存危机。

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