债务增长需要以生产力增长为前提,否则,借贷全球错配又将为下一次危机埋下伏笔。“给我一个支点和一根足够长的棍,我就能撬起整个地球。”想必很多人是从阿基米德的这句话中加深了对杠杆原理的理解。实际上,负债对于经济发展的作用犹同杠杆。自从人类走出以物易物的原始社会之后,负债就成为经济繁荣和社会福祉增长过程中不可或缺的变量。但是,成也萧何、败也萧何,危机中的负债却成了替罪羊。通常而言,当业主具有竞争优势 Debt growth needs to be premised on the growth of productive forces, otherwise, the global mismatch in borrowing will pave the way for the next crisis. “Give me a fulcrum and a stick long enough for me to pry up the whole earth.” Presumably many people have deepened their understanding of the principle of leverage from this Archimedes phrase. In fact, the role of debt in economic development is still leveraged. Debt has become an indispensable variable in the process of economic prosperity and social well-being since mankind has come out of the original society of barter. However, as Xiao Hsiao and Xiao Hsiao defeated, the debt in crisis has become a scapegoat. In general, owners have a competitive edge