Borrowing money in order to fork it out to shareholders suddenly makes far less sense in a world of higher interest rates, argues Lotfi Karoui of Goldman Sachs.

高盛 (Goldman Sachs) 的 Lotfi Karoui 认为，在利率较高的世界里，借钱分给股东的钱突然变得毫无意义。

According to Lotfi Karoui of Goldman Sachs, another bank, the rise of borrowers that rely solely on loans, rather than borrowing from bond markets too, could depress recoveries still further.

另一家银行高盛的洛特菲·卡鲁伊表示，完全依赖贷款而不是从债券市场借款的借款人的增加可能会进一步抑制经济复苏。