诚然，美国当前的金融-保险系统在某种程度上说也许更好地分散了风险，但从过去二十年的股票和房地产投资者的经历看，很难判定这一点是否真的成立。
While it might be true that America’s current finance-insurance system better distributes risk in some sense, it is hard to see how that could be the case, given the experience of investors in equities and housing over the past two decades.