It was a brave and important challenge to a status quo that institutionalises moral hazard and exposes governments to ruinous losses. 对于把道德风险制度化和让政府面临巨大损失的现状而言,这是一个勇敢而意义重大的挑战。
Similarly this financial turmoil in the US shows that if one allows under provisioning by banks, does not prevent fraud, and institutionalises useless AAA ratings, bad things happen. 与此相似,美国的这场金融动荡表明,如果有人允许银行准备金不足,不去预防欺诈,将无用的AAA评级制度化,就会产生糟糕后果。
Because the UK ( unlike Germany, Norway and Japan) has a crappy crisis prone, ultra-liberal economic model that institutionalises inequality. 因为英国有一个糟糕的危机趋向(不像德国,挪威和日本),极端自由经济模式,制度化不平等。
Of course the ruthlessness index institutionalises instability as those at the top live in permanent fear of the toppling of an even more psychotic kleptocrat who would come to take his place in the hierarchy. 当然,残酷指数会使不稳定的状态制度化,位于权力层级顶端的人,永远都在担心一个更疯狂的窃国奸佞将自己推翻,从而占据自己的位置。