Indeed, we understood that monetarist cures were likely to prove insufficient; that sovereigns need to guarantee each others’ solvency; and that withdrawing support too soon implied enormous dangers.
De hecho, entendimos que probablemente los remedios monetaristas resultarían insuficientes; que la solvencia de los estados soberanos necesita garantías mutuas; y que una retirada apresurada del apoyo implicaba enormes riesgos.