But, when an emergency strikes, large-scale policy responses always produce unintended consequences typically sowing the seeds for the next full-blown crisis. Given recent market turmoil, the question now is whether the next crisis has already begun.
自七年前金融危机爆发以来，新金融之王在诸多目标上都取得了成功。因此他们理应得到赞美。但是，当仅仅情况发生时，大规模政策应对措施永远会产生意料外的后果，这些后果常常成为下一场大危机的祸根。从最近的市场动荡看，现在的问题是下一场危机是不是已经开始了。