The British Empire declined - and the pound lost its status as the main global reserve currency - when Britain became a net debtor and a net borrower in World War II.
当英国在二战中成为净债务人和净借入者时,英镑也丧失了其作为主要全球储备货币的地位,英国就此沦落。
2
Swiss net publicdebt is just 12% of GDP and the franc is a currency that othercountries hold in their reserves.
瑞士的公债仅为其GDP的12%,且其瑞士法郎是其他国家外汇储备中的货币。
3
But there is another side to the equation: someone must act as a net importer and someone must let their currency rise.