So in retrospect, I think the way to deal with crisis, deal with challenge, deal with difficult times, is like this: First, you need to be realistic.
回首去年,我们应对危机,面对挑战时,所采取的方法就是:,首先,要变得现实一些。
And in social security, I thought, we had the right plan for dealing with the long-term crisis that the program is in.
我认为在社会保障项目方面,我们拥有正确的计划应对,这一项目面临的长期危机。
There were five changes of government in Argentina in a short time.
阿根廷政府迅速做出回应,出台了五项改革措施应对危机
We have seen the rise of a whole set of threats that we're not prepared to deal with, from climate change to global epidemics.
我们发现危机重重,我们还没有应对的准备,从气候变化到全球范围内的流行病。
In response to the subprime crisis that we are now in, our central bank, the Federal Reserve, has been cutting interest rates aggressively to try to save the economy that appears to be declining.
为了积极应对,目前的次贷危机,我们的中央银行,也就是美联储,已经调低利率,来积极地拯救正在衰退的经济
So the democratization of finance is, I think, the ultimate mission of--I find central to this course but it brings with it dangerous hazards and we have to think very carefully about how we do it.
因此,我认为金融民主化,是我们这门课的根本使命,但由此而来的金融危机,使我们深思该如何应对
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