One big worry is that Ireland's economic woes will amplify its fiscal and banking problems. A weaker economy means less tax revenue , making it harder for the government to meet its goal of cutting the deficit to Europe's limit of 3% by 2014. As the economy weakens, Irish borrowers will find it harder to repay their loans, saddling the country's banks with more bad loans. That, in turn, could force the Irish government to provide more financial assistance, eroding its own creditworthiness.
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As the economy weakens, more and more jobs will be made redundant.
经济疲软,越来越多的工作将被削减。
When (as now) global prices of food and energy are rising rapidly even as spending at home weakens, the Fed can still safely set rates to support the economy.
就像现在,当全球食物和能源价格快速增长甚至家用开支减弱的时候,美联储仍然能安全的指定利率来支持经济。
Economies where inflation and credit growth are already high and budget deficits large, such as India, have less room to ease monetary or fiscal policy if the economy weakens.
那些例如印度这样的通胀和赤字增长高企,财政赤字又大的经济体,一但经济走弱缓冲货币或财政政策的空间较小。
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