这句英语新闻如何理解呢?

这句英语新闻如何理解呢?
The Asian financial crisis of a decade ago brought banks,corporations and governments to their knees.The bonfire was sparked by the collapse of the Thai baht in the summer of 1997.
to their knees在句子里如何翻译,这句话如何理解,新闻周刊上的

The Asian financial crisis of a decade ago brought banks,corporations and governments to their knees.The bonfire was sparked by the collapse of the Thai baht in the summer of 1997.
十年前亚洲的金融危机使银行、各企业、政府等严重受挫,这场金融危机是由1997年夏天泰铢的贬值开始的.

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