但是，尽管渐进调整才是关键之举，但过快过深的削减很可能会适得其反：私人信用和政府支出的大量削减将导致更剧烈的减速，从而造成衰退的恶性循环。
But, while gradual adjustment is essential, faster and deeper cuts are largely self-defeating: big reductions in private credit and government spending will cause a sharper slowdown – and thus a vicious downward spiral.