尽管如此，全球储蓄过剩却在美国终止。
Still, much of the global saving glut did end up in America.
第二种，我们会面临全球储蓄过剩第二代：北方的复仇。
Second, we can have the global savings glut II: the revenge of the North.
这篇论文辩称，标准的“全球储蓄过剩”假设，有助于解释前两个特点。
The paper argues that the standard "global savings glut " hypothesis helps explain the first two facts.
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