One development that could change this forecast is if China comes to view investing in US financial assets as a money-losing proposition. US budget deficits as far as the eye can see might excite fear of losses on US Treasury bonds.
有一种变化能够改变这种预期，即中国认为投资美国金融资产是一个赔钱的买卖。就目前而言，美国的预算赤字可能会引起中国对投资美国国债亏损的担忧。美国事实上的通过通货膨胀抵消债务的政策，会进一步强化中国的这种恐惧。届时，中国就会撤出投资，美元就会崩溃，美联储就可能被迫提高利率，进而使美国经济再次陷入衰退。