English to Serbo-Croat: Recession? Don't bet on it
General field: Bus/Financial
Detailed field: Economics | |
Source text - English
But it would be unwise to bet against such a revival by the end of 2020. If governement-bond yields fall further , politicians will wake up to the logic of economic stimulus by fiscal means - tax cuts and spending increases, funded by borrowing. Such polices fell out of fashion because their implementation is often ill-timed: it takes an age for politiocians to agree on anything. But as recession fears grow, the pressure on them will build. | Translation - Serbo-Croat
Međutim ne bi bilo mudro kladiti se protiv ovakvog finansijskog preporoda do kraja 2020. Ukoliko vrednost državnih obveznica nastavi da pada, političari će pribeći logici fiskalnog stimulusa - uvešće poreske olakšice i povećati potrošnju na račun pozajmljenih sredstava. Ova politika jeste izašla iz mode jer njena implementacija nema dobar tajming - mnogo je vremena potrebno da bi se političari oko bilo čega složili. Ali, kako strah od recesije bude rastao, tako će se povećavati pritisak na njih. |
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