Yet this, too, may prove insufficient. Germany’s investment-savings gap is so large that, even if it increases domestic investment, the most we can expect from Europe is that it does not add to the global savings glut.
正因如此，IMF和其他人所呼吁的增加公共基础设施支出实际上是针对发达国家的。但是这或许仍不充分。德国的投资-储蓄差非常大，即使其增加国内投资，我们也只能指望欧洲不会加剧全球储蓄过剩。