Austerity
如果紧缩可被定义为自我克制及放弃世俗享乐,那么这些缩减及节省已使我们变成非常无趣的一群人。家庭部门的储蓄正在增长,世界各国的政府部门正在努力缩减开支。已经够了!感谢上帝,国际货币基金组织(IMF)总裁克里斯蒂娜·拉加德(Christine Lagarde)认为目前还不是过分俭朴的时候。欧洲的政治领导人也在越来越多地质疑紧缩措施。
If austerity can be defined as self-denial and abstention from worldly pleasures, what a joyless bunch we have been, with all that cutting and scrimping. Household savings are up and governments the world over are trying to spend less. Enough already! Thank goodness Christine Lagarde, the International Monetary Fund managing director, thinks this is not the time to be excessively virtuous. European political leaders are increasingly questioning austerity measures too.
那么,为什么上周股票市尝特别是欧洲股市(拉加德的话指的就是欧洲)还会出现抛售?毕竟,在其他条件相同的情况下,政府的赤字性支出越大,企业的利润就越高。股市之所以没有应声上涨,是因为投资者知道,将欧洲的困境归咎于缩减支出并不完全符合事实。
So why did equity markets sell off last week, particularly in Europe, where Ms Lagarde’s comments were directed? After all, more government deficit spending means higher corporate profits, other things being equal. Stocks did not soar because investors know that blaming spending cuts for Europe’s woes is not entirely backed up by the facts.
【Lex专栏:欧洲或需继续紧缩】相关文章:
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15