recession in demand

First, run up large budget deficits to make up for plummeting private demand in the recession.

首先, 采取大规模的财政赤字预算来弥补经济萧条中个体需求的暴跌.

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In this context, America, Japan and Europe implemented the Quantitative Easing Policy ( QEP) in succession intending to stimulate demand, revive the economy and prevent a recession.

在这种经济金融大背景下，美国、日本、欧洲先后实施量化宽松的货币政策，意图刺激需求，振兴经济，防止衰退。

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The last time demand dropped this much was in 1981, on the eve of the recession that was until now known as the "worst recession since the Great Depression".

最后一次需求下跌这么多是在1981年，随后即发生了迄今仍是“自大萧条（great depression）以来最严重的衰退”。

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