The danger lies in debt-fueled investment that shifts future demand to the present, without stimulating productivity growth. This approach inevitably leads to a growth slowdown, possibly even triggering a financial crisis like the one that recently shook the United States and Europe.
危险在于债务支持的投资，这种投资将未来需求提前到现在，而不会刺激生产率增长。这一方针难免导致增长减速，甚至有可能触发金融危机——比如最近冲击美国和欧洲的那种。