新研究表明从计算资金流入到资产价值上升，美国抵押贷款危机的恢复看起来与早期富裕国家金融危机极其相似。
A new study finds that, on measures from capital inflows to asset-price rises, the build-up to America's mortgage crisis looks eerily like earlier financial crises in rich countries.
由于繁荣期不偿债数量减少，借方信誉就上升了，资产价值高，贷方借贷条件放宽。
As the number of defaults falls in the boom, borrowers' credit ratings improve, assets are highly valued and lenders accept a broader range of them.
贷款不会在价值上升时被卖出套现，将资产标记为市场价值可以对利润和经理们的报酬产生同样有利的作用。
Loans do not have to be sold to cash in on their rising value: marking the assets to their market value has the same beneficial effect on profits and on managers' pay.
应用推荐