Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.
虚假的信贷膨胀——不是通过储蓄
来的信贷——通过制了大量资本的错误投资而导致了商业周期。
Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.
虚假的信贷膨胀——不是通过储蓄来的信贷——通过制了大量资本的错误投资而导致了商业周期。
Corporate crime—committed by businesses—should not be confused with white-collar crime, which refers to the occupation of the perpetrator and may be directed against a business.
公司
罪不应与白领罪混淆，后者指的是罪者的职业，其罪行可能是针
业的。
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