Aggregate profits growth has been flattered by the performance of Wall Street firms and distorted by one-off changes in the accounting treatment of inventory profits and depreciation.
利润总额的增长受益于华尔街公司的业绩才变得光彩夺目,而且由于存货利润和折旧的会计处理的一次性改变而被扭曲。
This is what happens when our system of growth and the system of nature hit the wall at once.
当人口增长系统和自然系统相冲突的时候,这种情况就会产生。
Mr Rosenberg, one of the most bearish analysts on Wall Street, last week reduced his forecasts for US economic growth in the first quarter of this year to 1.8 per cent from 2.2 per cent.
作为华尔街最悲观的分析人士之一,罗森伯格上周把自己对今年首季度美国经济增长率的预期从2.2%调低至1.8%。
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