Throughout economic history, interest rate tightening cycles tend to end with a bang, not a whimper. Whether the multiple bank failures in the past two weeks were loud enough is moot.
縱觀經濟史,利率緊縮周期往往是在一聲巨響中結束,而不是哽咽著收場。那么,過去兩周的多家銀行倒閉是否足夠響亮?
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