Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.
虚假信贷膨胀——不是通过储蓄创
出来
信贷——通过制
量资本
错误投资而导致
商业周期。
Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.
虚假信贷膨胀——不是通过储蓄创
出来
信贷——通过制
量资本
错误投资而导致
商业周期。
Corporate crime—committed by businesses—should not be confused with white-collar crime, which refers to the occupation of the perpetrator and may be directed against a business.
公司罪不应与白领
罪混淆,后者指
是
罪者
业,其罪行可能是针对企业
。
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