我想分别谈三个截然不同但又彼此相关的问题——削弱经济增长的资产负债表压力、全球经济体系核心的不稳定性，以及社会紧张关系。
I would isolate three distinct, albeit related, issues-balance sheet pressures sapping growth, instability in the core of the global economic system, and social tensions.
这种资产负债表的逆转不仅发生在美国，还发生在英国，以及其他“发达的工业社会”。
The US has been joined in its rapid balance-sheet-reversal by the UK and several other "advanced industrial societies".
此外，允许央行资产负债表上积累的流动资金回流到商业金融系统中去，就能向社会提供充足的低成本资金。
Moreover, allowing the liquidity that has been built up on the central bank's balance sheet to leak back into the commercial financial system would provide ample low-cost capital.
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