One is that, facing declining growth, policymakers will resort to excess investment or leverage (or both), creating instability. The other is that they will resort to neither, and that no alternative growth engines will have been started, leading to an extended slowdown with unpredictable political consequences at home and serious economic consequences abroad.
分析师和投资者至少有两大相关疑虑。其一，面临增长趋缓，决策者将求助于过度投资或杠杆（或兼而有之），这会带来动荡。其二，决策者既不求助于过度投资，也不求助于杠杆，也不启动其他替代引擎，导致增长进一步的放缓，带来不可预测的国内政治后果和严重的国外经济后果。