The homing instinct is usually associated with the animal world. Yet at times of crisis the animal kingdom comes to the financial markets – witness events since the credit crunch erupted in August 2007. As greed gave way to fear, investors and bankers behaved like so many homing pigeons, inflicting a dramatic reversal on financial globalisation as they retreated to their domestic markets.
返巢本能通常是与动物世界联系在一起的。但在危机时期,金融市场也成了动物王国——自2007年8月份信贷危机爆发以来的众多事件就是证据。当贪婪让位于恐惧,投资者和银行家们表现得就像一大群归巢的鸽子,纷纷撤回国内市场,这使得金融manbetx app苹果 化的进程发生了惊人逆转。
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