Others cite the so-called “capital glut” – large inflows of external financing from China and much of the developing world. Still others highlight the role that the political system played in inflating the banking sector and real-estate prices, particularly the sub-prime sector.
这么一说，薪酬体系不是导致 CEO 冒险的原因，那问题究竟出在哪里呢？一些经济学家认为，多年以来极度宽松的货币政策是罪魁祸首。其他人则认为是所谓的“资本过剩” —— 从中国等发展中国家涌来的大量资本 —— 惹的祸。不过，通胀的政策方向和银行系统和房地产价格，特别是次级房贷也是重要诱因。单单对薪酬体系加强监管很难让我们找到问题的结症。