Cheap money has encouraged households, especially American ones, to borrow and spend lavishly.

低利率鼓励家庭，特别美国家庭，向银行借款并铺张的消费。

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Or will he lavishly spend money inefficiently in a fashion that mirrors the managerial inefficiencies of the New York Knicks from the last 5 years?

FORBES: The 2010 Sports Business Year In Review