So increasingly now, Africa, Middle East, all the way over to India and then to China, huge trade routes, huge investment routes.
趋势越来越明显,非洲,中东地区,一直往东到印度再到中国,一条巨大的商业渠道,巨大的投资线路。
people they've worked with in the past, so there are a lot of different sources.
他们之前的同事啦等等。所以,渠道各不相同。
Some of you might have seen, we had been setting up a number of ways for us to reach out to our customers.
有人可能已经注意到了,我们开通了很多渠道,来与客户接触。
So I'm thinking e'oh, is this good plumbing for the video Internet?
所以我在想,额哦,这是对网路视频好的渠道么?
So, the way it has worked out in practice is that companies, when they have a major announcement to make, they have some kind of web event.
因此,现实中上市公司的做法就是,当公司需要对外公布一条重大消息时,会利用互联网这个渠道
And ideally will be access by people across many different countries some of them wouldn't normally have access to the university education I see this is a good and honorable use of Yale resources.
希望它能够通过网络传播到各个国家,为无法通过正常渠道接受大学教育的人们,提供便利,我视此为耶鲁之荣,更是对资源的充分利用
I didn't see it to be good plumbing.
我觉得它不是一个好渠道。
The other thing is moral hazard -this is that companies, once they borrow money from anybody, a bank or anyone else, they have an obligation, which is fixed in dollar terms.
另一个问题是道德风险,意思是说,一旦公司借了钱,无论是从银行还是其他渠道,他们就背负了一种义务,金钱的义务
What's the conduit?
是通过怎样的渠道呢
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