We can prove this by researching the global debt crisis in the 1980's, Asian financial crisis in the 1990's and Russian operation of foreign loans since its economic transition.

80年代世界性债务危机、90年代亚洲金融危机以及俄罗斯自经济转轨以来在外债领域的实践都充分证明了这一点。

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This rule also permits a group to centralize its foreign finance function in a foreign subsidiary, which can receive interest on loans made to related foreign affiliates without U.S. taxation.

FORBES: Fiscal Cliff Tax Deal Extends Key International Rule

Iceland's banks collapsed in 2008 after years of growth that depended on foreign loans.

WSJ: Icelanders Reject Deal to Repay U.K., Netherlands

The result is that in Latin America's seven largest economies, foreign banks now control around 15% of total loans and 16% of total deposits.

ECONOMIST: Latin America