An emerging narrative might better explain why stimulus efforts have been unsuccessful: As former US Treasury Secretary Larry Summers has argued, the world economy may be going through a sustained period of “secular stagnation.”
一个新出现的说法也许可以更好地解释为何刺激不成功：美国前财政部长拉里·萨默斯（Larry Summers）指出，世界经济也许进入了持续的“长期停滞”时期。