The UK is poorer than it thought it was. This is the most important fact about the crisis. The struggle over the distribution of the losses is going to be brutal. It will be made more so by the second most important fact about the crisis: it has had a huge effect on the public finances. The deficits are unmatched in peacetime.
英國比自己所想的更加貧窮。這是關于此次危機的最重要事實。圍繞損失分配展開的斗爭將是殘酷的。關于此次危機的第二重要的事實將令情況尤為如此:它對公共財政產生了巨大影響。赤字達到了和平時期無可比擬的水平。
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