所以，在我的举债驱动型需求观和新凯恩斯主义之间就存在一种微妙然而重要的差别。 新凯恩斯主义认为，去杠杆化过程（吃了苦头的借款人进行存款）或债务后遗症（被债务压得喘不过气来的借款人无力支出）要为危机后低迷的增长率负责。
There is thus a subtle but important difference between my debt-driven demand view and the neo-Keynesian explanation that deleveraging (saving by chastened borrowers) or debt overhang (the inability of debt-laden borrowers to spend) is responsible for slow post-crisis growth.