In much of the world, consumers are now cutting their spending in response to a fall in their wealth and a fear of unemployment. The overwhelming force behind the current collapse of jobs, output, and trade flows, is even more important than the financial panic that followed Lehman Brothers’ default in September 2008.
纽约—2008年的大衰退之后，为了恢复经济增长，世界需要协调宏观经济政策。在全球的很多地方，消费者们正在削减开支来应对财富缩水和失业恐惧。此刻的工作萎缩，产量下滑和贸易流动下挫后面还存在着一股压倒性的力量， 它甚至比2008年9月雷曼兄弟银行破产后的金融恐慌更值得重视。