简而言之，汹涌流向美国的资本人为地压低了利率并抬高了资产价格，导致银行和监管标准松懈并且最终造成瓦解。
Simply put, surging capital flows into the US artificially held down interest rates and inflated asset prices, leading to laxity in banking and regulatory standards and, ultimately, to a meltdown.