The loss of competitiveness can be reversed (Ireland is doing it), but only at the cost of a long-term decline in wages and demand, which will require in turn even more fiscal retrenchment.
竞争缺失可以修复(爱尔兰正在这样做),但要付出工资和需求长期下跌的成本,这样一来势必需要做出更多财政紧缩。
Producing a single calorie of beef can, by some estimates, require eight or more calories of grain feed, and expanded meat consumption therefore has a multiplier effect on demand for grains.
据估计,生产单位卡路里热量的牛肉,需要八倍以上的谷物饲料,而且肉类消费的增长会引起对谷物需求的乘数效应。
Demand, especially in China and India, should continue to strengthen as these countries require more steel, food and fuel.
需求,特别是来自中国和印度的需求,将会继续走强,因为这些国家需要更多的钢铁、食品和燃料。
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