Interrupting this second vicious spiral will require jump-starting growth, which, under current circumstances, is easier said than done. The external environment is not favorable.
中断第二大恶性循环需要提振增长，而在当前环境下，提振增长说起来容易做起来难。外部环境相当不利。美国经济增长形势依然严峻，而新兴市场似乎也面临着减速。