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1·Cheap exports, not cheap money.

廉价的出口，而非廉价的货币。

2·Cheap money is often the problem.

问题常常出在廉价资金上。

3·But this is where cheap money comes in.

但是松动资金就流向这些地方。

4·Cheap money fuelled America's bubble.

低息贷款加剧了美国的泡沫。

5·But in the short term, cheap money is a potent force.

但短期来看，廉价资金是一股强劲动力。

6·In fact, several other emerging markets have cheap money.

事实上，其他新兴国家也有低价货币。

7·Cheap money led to the wholesale underpricing of risk.

大规模的廉价资本导致了风险的低估价。

8·With supply soaring, only cheap money kept the game going.

随着供给量的飙升，只有低息贷款才可以让游戏继续。

9·Cheap money helped buyers to bid ever higher during the boom.

在经济景气时期，低息贷款使买主出价越来越高。

10·The result was a world awash in cheap money, looking for somewhere to go.

结果全世界充斥着寻求某个出路的廉价资金。