THERE is another way of looking at the current balance-sheet recession.
还有另一种方式看待目前的资产负债表衰退。
If ageing does exacerbate the costs of a balance-sheet recession, what can policymakers do about it?
如果说，老龄化问题加剧了“资产负债表衰退”，政策制定者要怎么做呢？
The result was not a rapid return to prosperity in the West, but after such a big balance-sheet recession that was never going to happen.
西方最终并没有快速回归繁荣，但是经历了如此巨大的资产负债表衰退后，再也没有重蹈覆辙。
This is mainly a balance-sheet recession precipitated by a financial crisis. And it is a downturn that it is unusually synchronised around the globe.
这有可能是由金融危机引起而表现在资产负债表上的下滑，并且此次下滑不同寻常，在全球都同时出现。
ONE of the ideas for why America's recovery has been relatively slow and jobless refers to the fact that the country experienced a balance-sheet recession.
其中一个美国复苏相对较慢及失业率上升的原因是该国经历了资产负债表衰退。
Instead, events since the crisis have been alarmingly reminiscent of Japan, which took more than a decade to start recovering from its balance-sheet recession.
这场危机开始以来的种种事件和日本都惊人的相似，先前日本用了十多年的时间才从国内的资产平衡衰退中复苏。
The danger, however, is that too much emphasis on the stock cycle misses the underlying characteristics of this downturn. This is mainly a balance-sheet recession precipitated by a financial crisis.
然而，危险在于对于存货周期的过度关注导致人们忽略了这次经济下滑的根本特征：这次下滑主要是由金融危机加速的资产负债表衰退，同时也是异乎寻常的全球性同步衰退。
There’s also the greater issue that households are in a balance sheet recession, where they are saddled with worthless housing debt that will keep the housing market depressed.
另外一个更大的问题是资产负债表衰退，他们陷入了毫无价值的房屋债务中，房市保持着低迷状态。
There's also the greater issue that households are in a balance sheet recession, where they are saddled with worthless housing debt that will keep the housing market depressed.
另外一个更大的问题是资产负债表衰退，他们陷入了毫无价值的房屋债务中，房市保持着低迷状态。
In both the US and UK, private sectors are continuing to minimize debt instead of maximizing profits in what may be called balance sheet recession.
在美国和英国，私营部门正在持续最小化债务，而不是最大化最大化利润，即所谓的资产负债表衰退。
Austerity fails after a balance sheet recession.
面对资产负债表衰退，紧缩政策回天乏力。
Austerity fails after a balance sheet recession.
面对资产负债表衰退，紧缩政策回天乏力。
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