But hints of new fiscal imprudence or of backsliding on long-term debt consolidation and reduction can drive up borrowing costs dramatically. In these circumstances, the additional costs of debt service easily outweigh any gains that might come from some measure of fiscal relaxation.
对那些站在悬崖边的国家来讲，未来是冷酷的。得益于低利率，政府举债变得容易一些。但财政不稳健的新苗头和长期债务安全性的下滑可能会迅速推高借债成本。一旦出现这种情况，举债的新增成本将会轻易抵消财政纾缓措施所带来的好处。