From the bursting of the subprime bubble to the unravelling of the eurozone debt crisis, the developed world is still coming to terms with the aftermath of its credit binge. Emerging markets have looked relatively sober by comparison. But there are worrying signs that they too have begun to overindulge.
從次貸泡沫破裂到歐元區債務危機的愈演愈烈，發達國家一直疲于應對自身信貸狂歡的后果。相形之下，新興市場看起來相對節制。但現在新興市場也開始顯露出過度放縱的跡象，令人擔心。
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