Each country’s banking system is backed by its own government; if the government’s ability to support the banks erodes, so will confidence in the banks. Even well-managed banking systems would face problems in an economic downturn of Greek and Spanish magnitude; with the collapse of Spain’s real-estate bubble, its banks are even more at risk.
银行业的情况更糟。每个国家的银行系统都有其政府做后盾，但如果政府支持银行的能力受到削弱，银行的信心也随之减弱。即使是运营良好的银行系统在希腊和西班牙这一级别的经济衰退中也会面临问题，随着西班牙房地产泡沫的崩溃，其银行的风险更大。