But what is too often overlooked is that international monetary disorder lay at the root of the successive financial crises of the 1990’s, and played an even more striking role in the crisis that erupted in 2008. The sustained and, in a sense, complementary imbalances in the US and Asia stand out.
但是，被一再忽视的事实是，20世纪90年代接踵而至的金融危机的根源就在于国际货币失序，2008年爆发的危机更是如此。从某种意义上说，美国和亚洲之间持续的互补性失衡非常扎眼。