宏观经济的重新平衡需要增加安全储蓄工具的供应，但如何为那些高杠杆银行和过度杠杆的小国政府提供担保的不确定性却导致该工具供应量不断下降。
Uncertainty about how, exactly, the liabilities of highly leveraged banks and over-leveraged peripheral governments are to be guaranteed is shrinking the supply of safe savings vehicles at a time when macroeconomic rebalancing calls for it to be rising.