The costs imposed by the financial crises that hit western economies in 2007 have been enormous. UK gross domestic product is nearly a fifth smaller than if long-term pre-crisis growth trends had continued. The costs also include huge rises in public debt. In the UK the increase, as a direct and indirect result of the crisis, will be close to 50 per cent of GDP. 2007年重创西方经济的金融危机造成的代价是巨大的。目前英国国内生产总值(GDP)相比危机前的长期增长趋势线少了近五分之一。代价还包括公共债务的大幅攀升。在英国,危机直接和间接造成的公共债务增加相当于GDP的近一半。 This is the fo