Until recently the mainstream view was that any recession would be mild, due to the lack of imbalances in the corporate sector outside housing.
直到最近,主流看法一直是:任何衰退将会是温和的,因为房地产以外的企业领域未出现失衡。
Until recently the mainstream view was that any recession would be mild, due to the lack of imbalances in the corporate sector outside housing.
曲到最近,主流看法不断是:任何衰退将会是平和的,由于房地产以外的企业领域已出隐失衡。
However the slowdown in economic activity has spread outside the housing sector.
不过,经济活动的减缓已经扩展到房市以外的行业。
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