I don't know how many kids, generation after generation, get in trouble because they do not remember the following fact.
我不知道有多少孩子,一代又一代,因为没有记住下面的内容而遇到困难
If banks get in trouble and they can't pay out -if one bank gets in trouble and can't pay out on its deposits, then that can bring the whole system down because it can cause a panic among investors -among depositors and banks -and create a run on a bank.
如果银行出现问题而且他们无法支付...,如果一家银行出现问题,并且无法支付提取的存款,那么这就会使得整个系统崩溃,因为这会在投资者中引起恐慌...,在存款人和银行中引起恐慌,并且造成银行挤兑
So, these rulers have a coercive ability in creating, and I'll come back to this, large standing armies that will be arriving not immediately, they're not arriving by train or being helicoptered in at some distant command, but they will get there if there's trouble.
这些统治者们以铁腕构建极权,稍后我会谈到这一点,一只大规模的军队,在当时很难进行远程调度,因为他们没法坐火车或者搭直升机立刻赶到,但他们最终会到达事发处
Well,the only people who would buy it are people who trust the bank that supports it, so in effect, the bank is promising to bail out the SIV if it should get in trouble.
只有人们相信设立SIV的银行的时候,他们才会去买SIV发行的票据,所以实际上,银行已经作出承诺,如果SIV陷入麻烦,银行会出面解决
Moreover, you might get hit by an illness and then you could be in desperate trouble that you will die unless you get some kind of emergency care, which might be very expensive.
还有,你可能染上重病,并且深陷绝境,以致你会因此而死去,除非你能获得异常昂贵的,紧急护理。
When people get into real trouble in their lives, it's because of a sequence of bad events that push them into unfortunate positions and, very often, financial risk management is part of the thing that prevents that from happening.
人们总会在生活中遇到麻烦,一系列糟糕的事情,会将人们推向不幸的处境,而多数情况下,金融风险管理,可以防止这种情况发生。
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