Third, in countries running current-account deficits, consumers need to cut spending and save much more for many years. Shopped out, savings-less, and debt-burdened consumers have been hit by a wealth shock (falling home prices and stock markets), rising debt-service ratios, and falling incomes and employment.
第三，在经常项目逆差的国家，消费者要减少支出并为将来进行储蓄。购物多、储蓄少而且债务负担沉重的消费者已经遭受了财富缩水（住房价格和股市下跌）、偿债率上升以及收入和就业机会减少的打击。