Old rules of thumb which said that countries should keep enough reserves to cover only short-term foreign debt now look hopelessly out of date.
过去粗浅的经验——国家应该维持足够的外汇储备来应付仅仅是短期的外债——现在看来绝望又过时。
The structure of foreign debt is far from reasonable, the ratio for short-term foreign debt is still high, the whole economy is fragile to the shock of hot money so on and so forth.