在选举前的数月,默克尔回避一切糟糕政策以避免争议本事似乎十分娴熟。
In the months before the election, Ms Merkel's knack of avoiding controversy by steering clear of any awkward policy issues seemed adroit.
放贷机构常常与借款者勾结,以扩大抵押贷款规模,或者更糟糕的是,向借款者兜售错误的政策。
Too often lenders connived with borrowers to swell the size of mortgages, or worse, sell borrowers the wrong policy.
但更重要的教训是,噩运和糟糕的政策一样值得重视。
But the more important lesson is that bad luck is as important as bad policy.
Herbert Hoover as president understands as president that something terrible has happened, but fundamentally the policies in place are as those of ```and every president before, small federal government, and we see signs that the market began to correct itself.
赫伯特,胡佛作为总统,明白,作为总统,糟糕的事情发生了,但根本上政策,是和之前总统,小型联邦政府,我们看见迹象,市场开始自我修正。
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