德国人认为,长期调整的责任完全在于借款者,必须恢复预算管制。
Germans feel that the responsibility for this lengthy adjustment lies exclusively with borrowers, which must urgently restore budget discipline.
在近几年股票市场长期调整的状况下,可转换债券以其低风险的特性逐步获得了市场机构投资者的认同。
On the condition that the stock market index has dropped for a long time, convertible bonds become the new investment instrument by the institution because of the low risk.
现有的经济理论倾向于支持乐观派,理性消费者会依据财富变动而对他们长期支出进行调整,而不是悠闲自在的去面对。
Economic theory tends to support the optimists. Rational consumers should adjust their long-term spending in response to changes in their wealth, not the ease with which they can tap it.
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