个人投资者由于对变幻莫测的股票市场依然心存恐惧，于是也开始以不同方式寻求收益。
Individual investors, still fearful of stock market volatility, are reaching out for more yield in different ways as well.
不管这种现象是由于对债务的持续恐惧还是由于在住房市场的损失实现，结果都是一样的：美国人开始不再毛手毛脚地花钱。
Whether this caution is caused by the continuing fears of debt or by the realization of lost wealth in the housing market, the result is the same: Americans aren't spending as much as usual.
如果欧洲各国自愿屈服于市场的惩罚，那是因为他们对狼群的恐惧心理和甚至连家庭也无法保护他们的担忧。
If European states voluntarily submit to the rod, it will be because of their terror of the wolf-pack, and their fear that even the family will not be able to protect them.
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