Unless and until the US faces up to its chronic aversion to saving – namely, by reducing massive federal budget deficits and encouraging the rebuilding of severely depleted household saving – multilateral trade deficits will persist. Simple arithmetic and basic economics tell us that a multilateral problem cannot be addressed by a bilateral solution.
除非并直至美国能直接面对自身在储蓄上的长期背离——也就是说，通过削减大规模联邦预算支出并鼓励重建早已严重枯竭的家庭储蓄——否则多边贸易逆差将继续存在下去。简单的计算和基本的经济学原理告诉我们：你是无法通过一个双边解决方案来解决多边问题的。