if those insurers don「t have to make massive payments, they probably won」t have to liquidate assets like jgbs.
如果那些承保人不必进行巨额理赔,他们就大可不必清算国债之类的资产。
this is not a good time to borrow or lend. it is not too late to liquidate assets and move into precious metals, spreading out geographically.
现在并不是去向人借贷或借出自己金钱的好时机。现在亦不是太晚去卖出资产和将所得的资金转移至贵金属,以及将资本分散在世界各地。
there are two main benefits from holding cash. first, the firm saves transaction costs to raise external funds and does to have to liquidate assets to make payments.
持有现金主要有两个优点:一是可节省外部融资的交易成本,且不用为日常性的现金支付清算资产;