As early as 1997, I warned about a repeat of the collapsed economic order of 1929-1933 in my book A Global Ethic for Global Politics and Global Economics : “The slightest remark, for example by the President of the American Federal Bank, Alan Greenspan, at the beginning of December 1996, that an “irrational exuberance” had led to an overvaluation of the financial markets was enough to drive the nervous investors on the high-flying stock markets of Asia, Europe and America into a spin, and panic selling. This also shows that crises in globalization do not a priori balance out, but perhaps get progressively worse.”
早在1997年，我就在我的作品《全球政治和经济的全球伦理》中，发出了对1929－1933年式的经济秩序崩溃再现的警告：“例如，美联储主席阿兰·格林斯潘在1996年12月月初的 ‘非理性繁荣’已经导致金融市场高估这样最轻微的评论，就足以使亚洲、欧洲和美国处于高位的股票市场高度紧张的投资者陷入恐慌性抛售。这也显示了全球化危机不是一个先验平衡，而是或许变得日益糟糕了。”