The short term movement of working capital was indeed one of the major reasons and causes of the financial turmoil. 流動資金短期的流動,確實是引發金融風暴的主要成因之一。
Markets for short-term money, the arteries for working capital, are clogged. 提供流動資本的短期貨幣市場也無法運行。
Second, it is increasingly difficult to define the sustainable level of a current account in a world of mobile capital. 其次,在這個流動資本的世界里,對經常賬戶的可持續水平的定義越來越困難。