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Unfortunately, there is no such adjustment being forced upon Washington at the moment because the bond market has not woken up to the dangers ahead.
不幸的是,此刻华盛顿并没有感受到这种调整的压力,因为债券市场并没有因为前面的危险而清醒过来。
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But if countries continue to avoid hard choices, the adjustment will eventually be forced on them through recession and unemployment.
ECONOMIST: In theory
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