如果阻塞了全球信贷大动脉的恐慌不能迅速被平息,发达国家经济面临的风险将会增加,其产出不会只是收缩,而是崩溃。
If the panic that has choked the arteries of credit across the globe is not calmed soon, the danger will increase that output in rich economies will not simply shrink, but collapse.
于是,埃及面临财政崩溃,全面整修经济模式已经刻不容缓(见文章)。
The result is that Egypt faces a fiscal crunch as well as an urgent need to overhaul its economic model (see article).
现在美国房市崩溃,消费者心有余悸,美国面临的经济衰退的危险越来越大。
With its housing market blighted and its consumers growing fearful, America now faces a mounting risk of recession.
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