If politics is the problem in Europe and America, only political changes are likely to restore them to growth. Or else they can wait until the overhang of excess capacity diminishes, capital goods become obsolete, and the economy’s internal restorative forces work their gradual magic.
如果欧美的问题是政治，那只有政治变革才能使它们重新走上增长之路。或者它们可以选择等到过度产能减少，资本货物被抛弃，经济内部的恢复性力量逐渐滋长的那一刻。但无论选择哪一条道路，胜利都不会立刻到来。