如果你是世界上最大的债权国，就会出现这种情况：你可以给出这样的暗示，如果这些暗示被泄露出去，它们本身就足以制造国际经济混乱。
That's what happens when you're the world's biggest creditor: you get to drop hints like that, which would be enough by themselves to create international economic chaos if they were ever leaked.
日本为全世界最年夜的债权国。
这意味着一些痛苦将会转嫁给债权国来承担。
That means that some pain will have to be inflicted on bondholders.
可悲的是，那些富裕的债权国，比如德国，却做得很少。
Lamentably, rich creditor countries, such as Germany, are doing much less.
在这次事件中，东亚受到的影响较小是因为多数国家是净债权国。
In this case, East Asia has been less affected because most countries there are net creditors.
十年前拒付国际债务的阿根廷希望在本月与债权国达成一个协议。
Ten years after repudiating its international debts, Argentina hopes to strike a deal with unpaid creditors this month.
最后，如果欧元继续存活，债权国需要提供更多的援助给债务国。
Lastly, if the euro is to survive, creditor countries need to give more aid to deficit countries.
债权国可以提高国内需求为债务国的出口提供一个较为广阔的市场。
The creditor nations could boost domestic demand, to provide a bigger market for debtors' exports.
欧元区北部的债权国也拒绝再将自己的血汗钱投入到这个无底洞里。
The euro zone's northern creditor governments have refused to put more of their own money into the pot.
无论对债务国还是债权国来说，这种切换都意味着付出巨大的代价。
The switch would be hugely costly for debtors and creditors alike.
然而，凯恩斯无法为美国提出的“债权国调整”提供支持。
However, Keynes could not secure American support for "creditor adjustment".
平衡的协定更可能为债权国或债务国的选民所接受，而且可以安抚市场。
A balanced deal is more likely to be accepted by voters, in both creditor and debtor states, and to assuage markets.
但如果所有的债权国被迫同意掉期，那就可能算是信用事件了。
But a credit event probably would occur if all bondholders were forced into the switch.
债权国选民憎恨无止尽的纾困行动；而债务国选民则憎恨无止尽的财政紧缩。
Voters in creditor countries resent endless bail-outs; in debtor countries they resent endless belt-tightening.
在欧盟议会内投票反对紧缩不会改变债权国为救市方案设定条件的事实。
Voting against austerity in the EP would not change the fact that creditors set the conditions for bail-outs.
这表明布鲁塞尔(或法兰克福)方面会对债权国预算方案有一票否决权。
This implies that someone in Brussels (or Frankfurt) will have a veto over a debtor country's budget.
第三是诸如德国这样的债权国的情绪，德国一再坚持私有债券持有者应作出实质性贡献。
A third is the mood of creditor countries such as Germany, which have been insisting on a "substantial" contribution by private bondholders.
2002年，巴西35%的债务均与汇率挂钩，但到2008年，巴西已成为净债权国。
In 2002, 35 percent of Brazil's debt was linked to foreign exchange rates, whereas by 2008 the country was a net creditor in this debt class.
敦促欧洲央行成为像意大利等不堪一击的主权国家的最后一根救命稻草的债权国？
Urge the European Central Bank (ECB) to be lender of last resort to vulnerable sovereigns like Italy?
在欧元区的其他债权国，例如芬兰和荷兰，纾困付出的成本问题一直是引发激烈争论的源头。
In the euro zone's other creditor countries, such as Finland and the Netherlands, the cost of the rescues has been the source of fierce argument.
经济学家开始质疑经济复苏的力度，有关美国主要债权国的最新报告在此时公 布。
The latest report on the major foreign holders of U.S. debt comes as economists are starting to question the strength of the economic recovery.
即使德国银行获得存款，它们巨大的欧元区资产会被减值：记住，德国是该体制最大的债权国。
Even if German Banks gained deposits, their large euro-zone assets would be marked down: Germany, remember, is the system's biggest creditor.
在欧元危机中，债权国和债务国一样，都想着他们如果能脱离欧盟组织，情况可能会有所好转。
In the euro crisis, creditors and debtors alike wondered whether they would be better off without the other.
如果债权国最终打算接受发行联合欧洲债券的要求，那么对于债务国来说，丧失主权会更易被接受。
The loss of sovereignty would be more acceptable to debtors if the creditors were to accept the need, eventually, to issue joint Eurobonds.
可以这样想想：随着债务支持型经济繁荣的结束，债权国私营部门的需求已经大幅减少。
Think of it this way: private demand in the debtor countries has plunged with the end of the debt-financed boom.
可以这样想想：随着债务支持型经济繁荣的结束，债权国私营部门的需求已经大幅减少。
Think of it this way: private demand in the debtor countries has plunged with the end of the debt-financed boom.
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