John Bull can stand many things,” wrote Walter Bagehot, “but he cannot stand 2 per cent.” The great Victorian journalist claimed that faced with such a low return on capital, his contemporaries would throw their money away on “impossible” investments. Such as lending to foreigners, for instance. A century and a half later, we are still chasing higher yields abroad. The great global carry trade, however, is getting rather long in the tooth.
“英国人忍受得了很多事情，”维多利亚时代的伟大记者沃尔特•白芝浩(Walter Bagehot)曾写道，“但唯独无法忍受2%的利率。”他表示，面对如此低的资金回报率，他的同代人都愿意把资金扔到“不可思议”的投资项目上，例如，贷款给外国人。150年过去了，我们仍在追逐更高的海外收益。然而，大规模manbetx app苹果 套利交易也开始难当重任了。
您已阅读9%（605字），剩余91%（5981字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。