国家必须在信用紧缩期间介入进来,目前银行危机的规模逐渐扩大,但是其规模应该是暂时性的。
The state had to step in during the credit crunch, given the scale of the banking crisis, but this expansion of its scope should be temporary.
如果全球贸易额继续扩大,即是国家处于紧缩状态,工业公司也仍将能推动出口,加速增长。
Provided global trade continues to expand, industrial firms should be able to push up exports and spur growth, even as the state retrenches.
《展望》的作者写到,美国缺乏一个可靠的策略来处理其不断增多的公债,而且该国在一个应该紧缩的时候却在扩大其预算赤字。
America, its authors write, lacks a credible strategy for dealing with its growing public debt, and is expanding its budget deficit at a time when it should be shrinking.
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