The US has better growth prospects than most European nations and has the "exorbitant privilege" of issuing debt in the world's reserve currency, which keeps the cost down.
美国比大多数欧洲国家有更好的增长前景,而且美国还有将债务转移到国际储备货币上的“过分的特权”,这将使成本降低。
Now, lured by their better growth prospects and repelled by rich countries’ low interest rates, money has gushed back into countries like Brazil, Peru, South Africa and Turkey.
现在,受到新兴市场更好的增长前景的诱惑及发达国家的低利率的挤出,资金又重新涌入像巴西、秘鲁、南非、土耳其这些国家。
Now, lured by their better growth prospects and repelled by rich countries' low interest rates, money has gushed back into countries like Brazil, Peru, South Africa and Turkey.
现在,由于这些新兴国家预期增长更好外加发达国家的利率较低,资本又开始涌入巴西,秘鲁,南非和土耳其这样的国家。
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