So, it didn't mean that the English state wasn't efficient in collecting taxes, because they were more efficient than the French were in collecting taxes.

这并不意味着英国征税不力,因为他们的征税模式实际上比法国更有效率

耶鲁公开课 - 欧洲文明课程节选

What was happening was, these banks were not being watched carefully enough; their capital requirements were not enough for the kind of assets they were investing.

当初是因为,对这些银行监管不力,它们的资本水平没有达到,投资这类资产的要求

耶鲁公开课 - 金融市场课程节选

They weren't watching what was going on adequately and so there was a bailout.

正是因为他们当初监管不力,最终才不得不出资救市

耶鲁公开课 - 金融市场课程节选