Despite a year of sluggish growth, America's underlying prices have been rising uncomfortably fast.
除了一年的疲软增长,美国的潜在物价仍以过快的速度增长。
And they see South Korea, where the economy grew by 6.2% last year, as a land of opportunity compared with sluggish America.
看到去年韩国的经济增长了6.2%时,与发展缓慢的美国相比,他们将这片土地看作是一个机会。
If only the fundamental determinants of growth were involved, America could look forward to a mild recession in the first part of 2009, giving way to sluggish recovery by year-end.
如果仅仅与增长的基本因素有关,美国可以指望从今年年底不景气的恢复中结束,进入2009年后第一阶段的轻度衰退。
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