Since the beginning of this decade, at least a few economists (including me) have warned that the global trade and current-account imbalances needed to be reined in to reduce the chance of a severe financial crisis. The US and China are not solely responsible for these imbalances, but their relationship is certainly at the center of it.
早在十年前，包括我在内的几个经济学家就已经发出警告，全球贸易和活期帐户的长期不平衡最终会导致金融危机的发生。美国和中国虽然不能为此承担所有的错误，但他们之间的关系应该是问题的核心所在。