This is a relatively modest prediction. Without automatic stabilizers or a strong financial-stability framework underpinned by deposit insurance, coping with the downside risks of the potentially destabilizing financial reforms that the government is pursuing will be difficult enough; a credit shock could prove disastrous.
这是相对温和的预测。若无自动稳定器或以存款保险为基础的强大的金融稳定框架，那么应对政府所追求的的具有潜在破坏性的金融改革的下行风险将十分困难；信用冲击可能造成灾难性后果。