The first is that the economy's expansion for most of the past decade was boosted by the apparent success of the financial-services industry.
第一就是,在过去近10年中英国金融服务行业的大获成功促使了经济的增长。
youdao
The bottom line is that increases in GDP statistics caused by monetary and fiscal stimulus signals an economic expansion that is more apparent than real.
FORBES: 2 Percent Economic Growth: Real or Apparent?
But if financial strains are so apparent during an expansion, what's going to happen in a recession?
FORBES: Busted
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