The government part of the credit system has been strengthened, relatively speaking, by developments over the past few months. It is the private sector – where investment and entrepreneurial activity are needed to generate growth and employment – that has taken a beating.
股市市值发生了暴跌——在反周期政策被严重束缚住手脚的现状下，这可不是件小事。相对而言，通过几个月来的发展，信用体系的政府部分已经得到了强化。而需要靠投资和企业家活动来创造增长和就业的私人部门则遭到了重创。