If institutions are too big and interconnected to fail, and no neat structural solution can be identified, alternatives must be found: much higher capital requirements and greater attention to liquidity are the obvious ones.

  • 如果金融机构大到不能倒和彼此相关到不能倒,而漂亮的结构性解决方案又无处可寻,那么我们就必须找到替代方案:提高资本金要求和更多关注流动性是其中显而易见的两项。

  • 互联网摘选 2025-01-20 13:26:14

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