Data from the US, the United Kingdom, the periphery of the eurozone, Japan, and even emerging-market economies is signaling that part of the global economy – especially advanced economies – may be stalling, if not dropping into a double-dip recession. Global risk-aversion has also increased, as the option of further “extend and pretend” or “delay and pray” on Greece is becoming less desirable, and the specter of a disorderly workout is becoming more likely.
来自美国、英国、欧元区边缘地带、日本甚至新兴市场经济体的数据显示，全球经济就算不陷入双底衰退，也会局部失速——尤其是发达经济体。随着“延长并假装”或“拖延并祈祷”策略越来越不得人心，全球风险厌恶情绪有所抬头，投资者无序外逃的可能性也日益增加。