Take Japan, a country whose once-precarious financial institutions now have low funding needs, a solid capital base and little exposure to subprime loans.

• 在日本，一个城市，一个一度岌岌可危的金融机构现在对资金需求水平非常低，并且资产基础坚固，没有一点点对次级贷款的风险敞口。