In contrast, some rich countries have fewer options. Euro membership, for instance, has removed the option of quasi-default via inflation for the heavily indebted on Europe's periphery.

富裕国家反而缺乏更多选择，以欧盟成员国为例，欧洲周边地区的沉重债务造成了通胀，进而让他们失去了准违约的可能。

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In contrast, some rich countries have fewer options.

相反，很多富有国家就没这么多选择了。

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But countries in the euro zone are facing more painful options.

但是欧元区的国家面临的选择就更痛苦了。

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Nowadays most economists think that in a world of highly mobile capital, countries have two options.

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That leaves countries with few options.

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They say this will be important in countries where the only options are unaffordable.

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