这就意味着，国家不得不通过经常帐户赤字从国外吸入过剩储蓄。
This means that the country has to import surplus savings from abroad by running a current-account deficit.
美国可能确实存在巨大的经常帐户赤字，但是美元在近几个月则有加强。
America may have a big current-account deficit, but the dollar has strengthened in recent months.
第一，全球收支现在严重失衡，美国经常帐户赤字被其他国家的盈余抵消。
The first is that global payments are significantly out of balance, with a huge US current account deficit offset by surpluses elsewhere.
实际上，经常帐户赤字这些年来一直在攀升，即使是美元大部分时间一直都在变弱。
Indeed, the current-account deficit has carried on climbing these past few years, even though the greenback has been weakening for most of the time.
美国拥有世界上最大的经常帐户赤字，并且自2002年以来美元就本分地贬值。
America has the world's biggest current-account deficit and the dollar has dutifully been falling since 2002.
许多过去的传统问题都是由于过度依赖发达国家的热钱来贴补经常帐户赤字所造成的。
Many of their traditional problems were caused by their dependence on "hot money" from the developed world to finance current-account deficits.
希经济越来越依赖于对外借贷，其经常帐户赤字于2008年扩大到GDP的14.6%。
The economy relied increasingly on foreign borrowing. The current-account deficit widened to 14.6% of GDP in 2008.
但是罗戈夫先生说，庞大并日益增长的美国经常帐户赤字，有可能在某个时点触发美元的大幅贬值。
But Mr Rogoff, who leaves the fund at the end of the month, said the large and growing US current account deficit would at some point provoke a sharp decline in the dollar.
意大利国债规模与GDP之比也与希腊差相仿佛，但预算赤字只相当于希一半，经常帐户赤字也相当小。
Italy has public debt of a similar scale, relative to GDP, to Greece’s; but its budget deficit is only half as big and its current-account deficit is relatively small.
经常帐户赤字会对业已疲软的需求构成压力，而且我们讨论的是一个个国家，而不是一个国家的各个组成部分。
It is not just that a current account deficit represents a drain on already weak demand. It is also that these are countries, not parts of one.
少消费多储蓄是美国减少经常帐户赤字所需的，但是由于美国家庭多年来已经习惯了大量开支，这将会很痛苦。
Less spending and more saving is just what America needs to reduce its current-account deficit, but for American households used to years of plenty it will hurt.
印度不断增长的经常帐户赤字让人担心，原因不在于它是金融危机的前兆，而在于它表明了面对呈白热化增长的需求，供给已难以为继。
The reason for concern about India's widening current-account deficit is not that it heralds a financial crisis, but that it is a signal of how supply cannot keep pace with red-hot demand.
并且，MessrsKapur和麦克劳(Macleod)说，俄罗斯和亚洲富有精英人数增加，可能更好地解释了为何美国能如此轻易地填补它的经常帐户赤字问题。
Furthermore, Messrs Kapur and Macleod say the rise of wealthy elites in Russia and Asia may help explain why America finds it so easy to fund its current-account deficit.
“一旦你的经常帐户出现赤字，你需要依靠陌生人的怜悯度日，”他这样说道，然后停顿了一下，无奈地叹了一口气。
"Once you run current-account deficits, you depend on the kindness of strangers," he said, pausing to let out a resigned sigh.
和10年前相比，这个地区发生收支平衡危机的可能性大大降低了，当时这些遭到危机打击的国家的经常帐户上都有庞大的赤字。
The region is far less vulnerable to a balance-of-payments crisis than it was ten years ago, when all the crisis-hit countries had large current-account deficits.
和10年前相比，这个地区发生收支平衡危机的可能性大大降低了，当时这些遭到危机打击的国家的经常帐户上都有庞大的赤字。
The region is far less vulnerable to a balance-of-payments crisis than it was ten years ago, when all the crisis-hit countries had large current-account deficits.
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