THERE is another way of looking at the current balance-sheet recession.

还有另一种方式看待目前的资产负债表衰退。

youdao

In both the US and UK, private sectors are continuing to minimize debt instead of maximizing profits in what may be called balance sheet recession.

在美国和英国，私营部门正在持续最小化债务，而不是最大化最大化利润，即所谓的资产负债表衰退。

youdao

Instead, events since the crisis have been alarmingly reminiscent of Japan, which took more than a decade to start recovering from its balance-sheet recession.

这场危机开始以来的种种事件和日本都惊人的相似，先前日本用了十多年的时间才从国内的资产平衡衰退中复苏。

youdao

Or is the balance sheet recession simply continuing apace until the painful process of deleveraging runs its course?

FORBES: Like we're really waiting for your big-deal, official recession call...

U.S. government debt (at least, the debt that is on the balance sheet) leaped from about 60 percent of GDP before the Great Recession to more than 100 percent in 2010.

FORBES: Discounting Steroid-Enhanced Economic Performance