creep 缓慢行进\the laws of the business cycle 商业周期的规律
Apparently that's prudent banker talk for "we need to put more pensions into, well, junk." What it really is, is the famous yield creep to justify buying ever riskier securities, which of course, are "not risky" because the GPIF can hold in perpetuity, which somehow means the laws of the business cycle no longer matter.
每日计划清单
1.背单词1个-O
2.阅读60分钟-O
3.俯卧撑-x
4.卷腹-x
5.负重行走-X
6.手臂-X
7.肩膀-X
昨日阅读1小时,累计阅读260小时
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