增长休克还是硬着陆？
This makes the economy more vulnerable to a hard landing.
这使得经济更容易遭受硬着陆。
But whether that will be enough to avoid a hard landing remains in doubt.
但是，是否因此足够避免硬着陆(经济衰退)仍然存疑。
But he said fears of a hard landing were "overplayed".
但他表示，对硬着陆的担忧是“夸大的”。
The result could be a very hard landing.
结果可能是非常严重的硬着陆。
Q. Are you among the economists who believe a hard landing is inevitable?
问：你是相信硬着陆不可避免的那类经济学家吗？
Can aggressive easing of monetary and credit policy prevent this hard landing?
放松货币和信贷政策能否阻止硬着陆呢？
A financial hard landing is the most likely ending to the current bull market, in my view.
在我看来，金融硬着陆很有可能终结目前的牛市。
A financial hard landing is the most likely ending to the current bull market, in my view.
在我看来，金融硬着陆很有可能终结目前的牛市。
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