And the lesson of history is that unless this buildup of sovereign debt is tackled eventually by raising taxes and controlling spending, then there are only two outcomes: default or high inflation.

来自历史的教训是，除非最终由加税和控制开支来化解，否则，积累的主权债务只可能有两个出口：违约或高通货膨胀。

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And the lesson of history is that unless this buildup of sovereign debt is tackled eventually by raising taxes and controlling spending, then there are only two outcomes: default or high inflation.

来自历史的教训是，除非最终由加税和控制开支来化解，否则，积累的主权债务只可能有两个出口：违约或高通货膨胀。

youdao