By taking decisions today that lead to fiscal consolidation over a longer horizon, policymakers can avoid a sudden fiscal contraction that could put the recovery at risk.

今天，我们做出有利于长期财政整顿的决策，政策制定者就能避免一场突发的、可能危及经济复苏的财政紧缩。

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Most interventions, including random policies, by their very nature would hurt rather than help, in large part by adding to the uncertainty and risk that are already prominent during this contraction.

大多数干预政策，包括那些只是偶尔颁布的，它们的本性就决定其只会是弊大于利，因为这很大程度上增大了在这个收缩期中本已显著的不确定性和风险。

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He recently declared that Chinese share prices were "clearly unsustainable", with a risk of a "dramatic contraction".

最近，他还声称中国股票价格没有明显得到价值的支撑，存在强烈的紧缩风险。

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If the risk of economic contraction has increased and the governments are in the mode of spending cuts, can the banks refinance themselves with their shares under severe selling pressure?

FORBES: The European Bank Crisis of 2011 Is Worse Than The 2008 US Bank Crisis

Unfortunately, additional federal borrowing will be a significant part of government funding for many years to come unless we want to risk major disruptions to various federal programs and a contraction of our economy.

FORBES: Fiscal Cliff Deferred, Tax Legislation Is only Part of the Equation

The mighty dollar is supported by risk aversion and economic recovery, while the EUR remains vulnerable to Eurozone contraction and rate differentials favoring U.S. Treasury securities.

FORBES: Is A EURO Short Squeeze Imminent?