The fundamental source of long-run deficits is rising health-care expenditures.
长期赤字的根本源头就是持续上涨的医疗保健花费。
It could not run deficits for ever but the day of reckoning might be years away.
美国不能永远都是赤字，但买单的日子似乎还有很多年。
Financial markets seemed happy to provide the money to allow countries to run deficits on both the fiscal and trade accounts.
金融市场乐意提供为各国的财政与贸易赤字提供资金。
While it urged the U.S., Western European countries and China to run deficits to stimulate their economies, countries in Eastern Europe were required to pull back on spending, sometimes sharply.
虽然它敦促美国、西欧国家和中国保持赤字以刺激经济，但却要求东欧国家削减开支，有时更要求大幅削减。
Australia is the only major developed economy not to have experienced a recession since 1991, and yet it continues to run very large CA deficits.
自1991年以来，澳大利亚是唯一的没有遭遇经济衰退的主要经济强国，可它一直背负着非常大的经常项目逆差。
The US has run up budget and external deficits over the years to fuel its consumption spree, thanks to the dollar's status as the reserve currency.
这几年来，基于作为储备货币的美元的现状，美国已经提高了它的预算和对外赤字来推动消费热潮。
These rules must provide for a gradual reduction in indebtedness. They must also allow countries with high unemployment, such as Spain, to run budget deficits.
这些规则必须要求各国逐渐降低负债水平，也必须允许西班牙等高失业率国家存在预算赤字。
The US could then maintain its recovery only by continuing to run large budget deficits and again tolerating debt-financed consumer demand.
然后，美国可能只有通过继续运营巨额预算赤字和再次容忍通过举债满足的消费者需求，来维持本国的复苏。
If China were to run trade deficits, that would also significantly boost the overseas circulation of Chinese currency.
如果中国出现贸易逆差，这也将明显推动人民币在海外的流通。
Several emerging markets, in particular the Baltic states and Turkey, run large current account deficits and depend on inflows of cheap capital to finance these deficits.
几个新兴市场（尤其是波罗的海国家和土耳其）出现了巨额经常账户赤字，它们依靠低成本资金的流入来弥补这些赤字。
Japan has run continuous fiscal deficits and seen its debt downgraded by the ratings agencies.
日本连年都有财政赤字而其债券也被评级机构降级。
The savings by freezing won't even pay the interest costs for the first three years of deficits that he's going to run.
靠冻结计划节约的资金甚至不够支付前三年赤字的利息。
"Once you run current-account deficits, you depend on the kindness of strangers," he said, pausing to let out a resigned sigh.
“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。
And he has shown himself willing to run large budget deficits now, even while scheduling substantial tax increases for the future.
他同时表明了自己愿意扩大预算赤字的决心，甚至计划在未来大幅增税。
These countries have run current account deficits, largely financed by countries whose less sophisticated markets have been less able to translate growth into domestic demand.
这些国家都有经常账户赤字，而那些市场不太成熟、不善于将经济增长转化为内需的国家提供的资金，在很大程度上弥补了这些缺口。
In the run-up to the creation of the euro, France, Spain and Portugal made one-off changes to their budgets that allowed them to keep deficits below the 3% level for 1997.
在欧元诞生前的酝酿阶段，法国、西班牙和葡萄牙一次性地调整了预算数据，使得1997年的赤字率可以保持在3%以内。
Its net international debt (what Portugal owes to foreigners, less the foreign assets it owns) rose to 112% of GDP last year, after a run of huge current-account deficits.
其国际负债净额(即别国所持葡萄牙资产大于葡萄牙所持外国资产)在活期账户的巨大亏空下，去年一度飙升至GDP总额的112%。
Those deficits were run up to defeat something outside the budget process (and we owed most of the debt to ourselves).
累积这些赤字是为了打败预算程序之外的一些东西(而且大部分债务都是由我们自己造成的)。
It's one of only six states that didn't run budget deficits in 2009.
该州也是2009年全美仅有的六个没有预算赤字的联邦州之一。
On that basis, Asia is generally a safer place than eastern Europe, where several countries run large current-account deficits, and so rely in part on fresh loans from big European lenders.
据此判断，亚洲大体上比东欧安全，后者有几个国家经常项目赤字庞大，一定程度上要向欧洲大国借债度日。
If a substantial part of the world economy is generating huge current account surpluses, somebody else has to run offsetting deficits.
如果全球经济的一个重要区域正在产生巨额经常账户盈余，那么其它地区一定出现等额的赤字。
If a substantial part of the world economy is generating huge current account surpluses, somebody else has to run offsetting deficits.
如果全球经济的一个重要区域正在产生巨额经常账户盈余，那么其它地区一定出现等额的赤字。
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