Firms and households fear they will not be able to borrow to tide themselves over bad times, therefore they choose to save for a rainy day instead.
Firms and households fear they will not be able to borrow to tide themselves over bad times, therefore they choose to save for a rainy day instead.
公司和家庭担心在不景气时期无法通过借款来渡过难关，因此他们选择未雨绸缪而提前储蓄。