But the stimulus measures transformed a banking crisis into a fiscal and sovereign-debt crisis. From 2010 onwards, governments started to raise taxes and cut spending in response to growing fears of sovereign default.
结果，形势得到了控制，并出现了比预期更猛的反弹。但刺激措施将银行危机转换为了财政和主权债务危机。2010年以降，为了应对人们对主权违约的担心，各国政府开始增税减支。从那时开始，复苏之势被逆转了。