Why were the risk controls at highly-leveraged money-center universal banks so lousy? Why weren’t central banks and governments willing and able to step up and maintain the flow of aggregate demand as the financial crisis and its aftermath choked off private investment and consumption spending?
平心而论，我们如今都还在收拾这场实验的残局。那些高杠杆跨国金融核心银行的风险控制为何如此糟糕？在金融危机及其余波摧毁私人投资和消费支出的时候，各国中央银行和政府为何没能出手增加和维持总需求水平？