“If something cannot go on forever, it will stop.” This is known as “Stein’s law”, after the late Herbert Stein, former chair of Richard Nixon’s Council of Economic Advisers. Stein published this in June 1989, in reference to US trade and budget deficits. They have still not stopped! But, as a German adage of similar import says, “trees don’t grow to the sky”. At some point the tree’s weight becomes unsupportable. This is also true of fiscal debt. Limits on debt exist for every economy, even one as mighty as that of the US.
“如果一件事不能永远持续下去,它就会停止。”这被称为“斯坦因定律”,以已故的赫伯特•斯坦因(Herbert Stein)命名,他是理查德•尼克松(Richard Nixon)政府manbetx20客户端下载 顾问委员会的前主席。斯坦因在1989年6月发表这个观点,指的是美国贸易和预算赤字。它们仍然没有停止增长!但是,正如一句类似的德国谚语所说,“树长不到天上去”。在某一时刻,树的重量会变得无法承受。财政债务也是如此。每个manbetx20客户端下载 体都存在债务上限,即便是像美国这样强大的manbetx20客户端下载 体。