risk-free borrowing

That would raise borrowing costs for businesses and consumers, force severe austerity measures and risk social unrest.

这会推高企业和消费者的借债成本，迫使美国采取严厉的紧缩措施，并有可能引发社会动荡。

Some critics say this fueled adjustable-rate mortgage borrowing, banks'risk-taking and the housing boom.

一些批评人士认为,这推动了可调息按揭贷款的发放, 助长了银行的风险偏好以及住房市场繁荣.

In a report released in April, the International Monetary Fund found that nearly 600 companies had almost$ 400 billion of debt that was considered at risk, accounting for 14 percent of total corporate borrowing in China.

国际货币基金组织（International Monetary Fund）今年4月发布的一份报告显示，发放给近600家企业的大约4000亿美元信贷资金被认为存在风险，占中国企业借款总额的14%。

Baoneng Group faces the forced liquidation of its investment in China Vanke unless it can meet impending margin calls on its borrowing-in a demonstration of the risk of using leverage to build a stake for a hostile bid.

宝能集团（Baoneng Group）对万科（China Vanke）的投资面临被迫变现，除非它能满足迫在眉睫的追加贷款保证金要求。这展示了利用杠杆积累股权、实施敌意收购的风险。

Increasingly, they are turning to margin financing, or borrowing money from brokerage firms to buy stocks& raising the risk of even steeper losses for ordinary investors if the boom goes bust.

他们越来越多地转向融资融券，即从券商那里借钱购买股票。这加剧了一种风险：股市的繁荣消退后，普通股民会蒙受更巨大的损失。