Housing and large deficits remain serious problems.
住房和巨额赤字问题仍然突出。
These large deficits are necessary to avoid deflation.
这种巨额赤字是避免通缩所必需的。
The state of most state budgets is grim, with large deficits looming.
大部分州的财政预算状况都不妙，随时可能出现巨额财政赤字。
Some countries, like Britain, have large deficits and must take tough, hard-headed decisions to cut back and restore sound public finances.
一些国家，如英国，有大量赤字且必须通过采取强硬、清醒的决策来削减之以使公共财政恢复健康。
Conventional wisdom has it that large deficits in the United States budget cause interest rates to rise.
传统上认为，美国的预算赤字问题会促使利率上升。
Instead, the future of many Western economies will look more like continental Europe in the 1980s, with large deficits, heavy public debts and stubborn unemployment.
正相反，许多西方国家的未来可能会更接近80年代的欧洲大陆，赤字庞大，公债沉重，失业严重。
North Asset Management LLP, a London hedge-fund firm, has been betting that the bonds of Spain and Italy will decline, given their fragile economies and large deficits.
位于伦敦的对冲基金公司NorthAssetManagementLLP断言，鉴于西班牙和意大利脆弱的经济和巨额的赤字，其债券将会下跌。
North Asset Management LLP, a London hedge-fund firm, has been betting that the bonds of Spain and Italy will decline, given their fragile economies and large deficits.
位于伦敦的对冲基金公司NorthAssetManagementLLP断言，鉴于西班牙和意大利脆弱的经济和巨额的赤字，其债券将会下跌。
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