Before doing anything else, we must relieve some of the balance-sheet pressures – on sovereigns, households, and banks – that risk smothering the recovery. Advanced countries need credible medium-term plans to stabilize and reduce public debt.
首先是修复。只有一直困扰着复苏的资产负债表压力（包括国家、家庭和银行的资产负债表）有所缓解之后，我们才有能力做其他事情。发达国家需要拿出可信的中期计划来稳定和削减公共债务。