观点欧元区

Why I remain a pessimist on Europe’s solvency
我为何仍然担心欧洲的偿付能力?


FT专栏作家明肖:如果你一直认为欧元区危机只是流动性危机,那么现在乐观就是正确的;如果你认为这是偿付危机,那么你现在就仍然应该担心。

Ishould have known what would happen when you post a question at the end of a column. Last week I asked how it could be, that somebody who was pessimistic about the eurozone six months ago could be optimistic today? If you always thought it was just a liquidity crisis, you should not have been worried then, and you would be right to be optimistic now. If you thought of it as a solvency crisis, as I did, you should still be worried now.

我本该知道,如果在一篇专栏文章的末尾提问会发生什么。上周,我提出了一个问题:6个月前对欧元区还是一副悲观态度的人们,怎么可能现在却变得乐观起来?如果你一直认为这只是一场流动性危机的话,那么你本不应该担心,现在乐观是正确的。如果你和我一样认为这是一场偿付危机的话,那么你现在仍然应该担心。

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