As a result, the biggest asset and credit bubble in human history is now going bust, with overall credit losses likely to be close to a staggering $2 trillion. Thus, unless governments rapidly recapitalize financial institutions, the credit crunch will become even more severe as losses mount faster than recapitalization and banks are forced to contract credit and lending.
其结果是，人类历史上最大的资产和信用泡沫现在正在破灭，总信用损失很可能将接近2万亿美元。在这种情况下，除非各国政府迅速向金融机构注资，随着损失增加的速度快于再资本化的速度以及银行被迫紧缩信用和贷款，信用紧缩将变得更加严重。