Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.

虚假的信贷——是通过储蓄创造出来的信贷——通过制造了大量本的错误投而导致了商业周期。

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.

公司犯罪领犯罪混淆，后者指的是犯罪者的职业，其罪行可能是针对企业的。