S. economy is entering a period of "secular stagnation" in which there is insufficient demand to support the sort of growth rates the U. S. has become accustomed to.

他的理论认为，美国经济已经进入“长期萧条”阶段，在这期间，需求将不足以支撑美国已经习惯的那种增长水平。

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This embrace of secular stagnation is an invitation to return to medieval times.

FORBES: The Wealth Of The States Vs. 'New Normal' Stagnation

And though insurers could try a lot harder to adapt to the changing demands of corporate risk-managers, the secular stagnation in the growth of their business will also be difficult to reverse.

ECONOMIST: Capital punishment