“BI(Business Insider): What's your take on the current situation in China?(你怎么看中国的现状)
Krugman (克鲁格曼): China scares me. China has a huge adjustment problem. They have an economy that is based upon unsustainable levels of investment and needs to radically shift from investment to consumption.(中国的情况吓死我了。中国存在很严重的调整问题。他们的经济依赖于不能持续的投资,他们需要明确地将投资转变为消费)
They don't seem to be managing it. (他们似乎没有这样做)
They have a large internal debt problem and a government that doesn't seem to be thinking clearly about it.(他们存在一个很大的内部债务问题,而政府对此似乎没有一个清晰的认识)
At this point their response to economic difficulty seems to be to crack down on the financial press and to tell them to write happy stories.” (现在他们对经济困难的反应似乎是,通过打压财经媒体而让他们只说好听的故事)”