But also that we don't make the mistake of seeing a collectivisation of the risks - which would happen with euro bonds - as the solution, because it isn't the solution at all.

但是，我们也不愿承受一个集体化的风险。这个风险将会由欧元债券产生。

youdao

Algeria has endured the classic problems of exaggerated industrialisation, ill-managed farm collectivisation, and rural depopulation.

ECONOMIST: Algeria

Under collectivisation, with fewer beasts, greater mobility and the state delivery of supplementary feed, such a disaster would not have happened.

ECONOMIST: Nomadism in Mongolia

It concentrates on the Golovin family from Obukhovo, a village renamed when the new serfdom of collectivisation arrived, the church bells taken away to be melted down as peasants ululate.

ECONOMIST: The Soviet Union