But as debts mount, and global interest rates rise, investors will become rightly nervous about the risk of debt restructuring. Other countries, such as Ireland, Britain, and the US, started with a much stronger fiscal position, but may not be much better off when the smoke clears.
意大利就是一个例子，债务和收入的比例已经超过100%，有幸的是下滑的全球利率，目前还暂时能维持。不过随着债务的增加，全球利率的回升，投资者对债务重组的风险也肯定会越来越担心。爱尔兰，英国和美国等国家的经济底子还算厚一些，不过在“警报”解除之前，情况也好不到哪里去。