But that is small consolation if global spending declines.

但是如果全球经济消费衰退的话，这只是个小小的慰藉。

youdao

Safety nets needed as social spending declines, poverty rate rises in rural areas.

随着农村地区社会支出下滑和贫困率增加，需要建立保障网。

youdao

A cheaper real, zloty and rupee will help emerging economies win a bigger share of global spending, but that is small consolation if global spending declines.

雷亚尔、兹拉第、卢比越便宜，就越有助新兴经济体在全球消费中赢得更大的份额，不过如果全球消费下降的话，那将是小小的安慰。

youdao

But Mr. Obama really believes the stars will fall from the sky if spending declines.

WSJ: Henninger: The Obamaian Universe

When the velocity of money decreases (spending declines), profits are squeezed, and since companies rely heavily on profits, stock prices suffer.

FORBES: The Stock Market And Recessions

What happens when consumer spending declines in a low inflation environment?

FORBES: Deflation Threat Still Real