Each individual reaches a decision--each individual has an income point and decides how much to consume based on the budget constraint.
在预算限制内,每个人都要决定将收入的多少,用于消费
In an ideal world, where you can borrow and lend freely, an individual could choose consumption along any point on this line.
在理想情况下,你可以随意借贷,每个人都可以将这条线上任意一点,作为自己的消费额
So, the whole world-- everyone's consumption around the world would go down.
所以,整个世界-,每个人的消费能力都下降了。
They have risks that their overhead won't cover their risk is that a steady stream of people won't come and be making a steady stream of bets at which each of them has a slightly negative expectation.
他们的风险是能否支付管理费用,他们的风险是不再有稳定的客流来消费,同时每一个人都怀着一丝消极的期待,下源源不断的赌注。
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