In 1997, the mismanagement of the East Asia crisis by the IMF and the US Treasury transformed downturns into recessions, and recessions into depressions. The world cannot afford to repeat that performance.
应对危机需要异常谨慎。回想起来正是IMF和美联储对1997年东亚金融危机的错误处置直接导致该地区的经济下滑演变成衰退，再又由衰退恶化成萧条，而当今世界已经无力再次承受这样的过失。