1998-99: The Russia and LTCM crisis.

—99年：俄罗斯和长期资本管理危机。

youdao

They are naturally keen to avoid a repeat of 1998, when the collapse of Long-Term Capital Management (LTCM) prompted a liquidity crisis.

他们致力于避免重蹈98年的覆辙，当年，长期资本管理的崩溃引起了一场流动性危机。

youdao

It might well profit from any crisis (it did from LTCM).

从任何危机也可以获得很好的利润(就像从长期资本管理那里得到的)。

youdao

That would follow the script from 1998 when three rate cuts between September and November helped to bring the LTCM crisis to a speedy end.

ECONOMIST: The crisis in the debt markets

Long Term Capital Management (LTCM), a New York fund, came close to precipitating a global crisis in 1998.

ECONOMIST: Learning and learning