Now, with the Fed publicly considering an end to its massive, open-ended purchases of long-term securities and foreign capital fleeing home from emerging markets, many fear that Asia’s economies could come crashing down, as they did in the late 1990’s. Leverage in some emerging markets’ household and corporate sectors has reached record levels.
如今，随着美联储公开考虑结束无限期大规模购买长期证券的操作，外国资本纷纷从新兴市场回流母国，许多人担心亚洲经济体将迎来崩溃，一如20世纪90年代末所发生过的事情。同时，一些新兴市场家庭和公司部门的杠杆水平创下了纪录。中国年经济增长率放缓至7.5%，印尼和印度——在亚洲之外还有巴西和南非——的汇率承受着大幅贬值的压力。