Spain’s construction bust and rigid labour markets seem certain to condemn it to years of economic struggle and high unemployment, yet Michigan is scarcely in better shape.
西班牙房地产业萧条,劳动力市场僵化,未来数年内,其经济似乎笃定处于困境,失业率也将高企,但密歇根州也未必好到哪儿去。
It is bad enough that recklessness in some areas of banking and finance led to economic boom and bust.
银行和金融业某些领域的鲁莽行为导致了经济的荣衰,这已经够糟糕了。
months of poor economic conditions have eroded credit-worthiness, while the housing bust has left a quarter of mortgage borrowers with negative equity.
经济条件不好的那几个月已经侵蚀了信用可靠度,而房地产泡沫破裂使得四分之一按揭贷款人变成拥有负资产。
Let me mention a few administration economic proposals, all couched in terms of controlling cost and spurring growth, all linked in one way or another to the economic crisis that was started during the housing bust.
让我们谈谈,政府的一些经济策略,全都归于,控制成本和刺激增长的名下,全部都与,金融危机有关,都是在房产市场萧条时出台的。
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