Lower rates may encourage more sensible borrowing, even if they discourage reckless lending.

低利率也许可以提倡更理智的借款，即便放款者已经由于自己卤莽的放款而信心受挫。

youdao

Would the tools work or would the reckless lending simply migrate to less regulated institutions?

经济工具会起作用吗？或者轻率的贷款只会导致机构不如过去那样受到监管？

youdao

Countries like Hungary had big, over-leveraged financial systems, plagued by reckless lending and spendthrift consumers.

像匈牙利这样的国家拥有庞大、高杠杆率的金融系统，正被轻率的放贷和挥霍的消费折磨着。

youdao

And the banking system is much healthier now than in the 1980s, when financial liberalisation spurred reckless lending.

ECONOMIST: Down under

MEPs want banks to hold more money in their reserves, in order to stop them going bust through reckless lending.

BBC: EU tightens up bank lending rules and bonuses

The previous boom brought double-digit growth and reckless lending, followed by a construction bust and a 14% fall in GDP.

ECONOMIST: A rare bit of good news from a euro-zone economy