It was at the World Economic Forum meeting in Davos six years ago that I first became seriously worried about the credit bubble. It was clear back then, in January 2007, that problems were developing in complex credit. But it was also clear that the public and private sector were in widespread denial.
在6年前的達沃斯世界經(jīng)濟論壇(WEF)上,我第一次真正為信貸泡沫感到擔心。在那時,也就是2007年1月,復(fù)雜信貸領(lǐng)域已明顯出現(xiàn)問題,并且問題日趨嚴重。不過,同樣很明顯的是,當時公共和私人領(lǐng)域普遍否認這一點。
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