What this line of research explicitly does not tell us is that deleveraging will restore growth by itself. No one believes that fiscal balance is the whole growth model anywhere.
这一系列研究没有明确告诉我们的是去杠杆化本身就能实现经济增长的恢复。没有人相信财政平衡能在任何地方成为一个完整的增长模式。