My involvement in financial crises over several decades has taught me that the longer governments wait to take tough decisions the more difficult it is to stem the tide and curb the ensuing increase in losses.
数十年来对金融危机的关注让我明白，政府作出艰难决定的时间越晚，力挽狂澜、遏制损失扩大的难度就越大。
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