A vicious spiral of credit withdrawal, weakening growth and debt impairment ensued.

随着信用市场的严重下滑停止，经济增长疲软和债务破坏随之而来。

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The downward spiral in confidence is likely to depress growth even further.

市场信心的下滑可能会进一步拖累经济增长。

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Thus the economy would have completed the first round of an upward spiral of accelerating growth .

这样，经济就完成了加速增长并向上循环的第一轮。

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It could wind down because the atmosphere-, land-, and water-based ecosystems that provide both tangible necessities and myriad unseen benefits become degraded. or maybe we ourselves will attempt to restrain the growth spiral by preemptively limiting resource consumption and curbing climatic and ecological disruption.

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Relax those assumptions particularly for wage growth, inflation and interest rates and the government could get itself into a death spiral of rising interest rates and stagnant economic growth that will make the debt practically impossible to service.

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If compound interest is an engine of growth, interest payments are the death spiral of bankruptcy.

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