美债务危机或伤害投资人

 　　WASHINGTON — While official Washington remains¹ preoccupied² with a government shutdown, many experts are more concerned about another looming³ crisis. The U.S. Treasury⁴ Department says the government will run out of money to pay its bills by October 17 unless President Barack Obama and Congress agree to allow the government borrow more money. The impact would be felt by borrowers, lenders and investors⁵ around the world.

　　Five years ago, at the start of the Great Recession, investors raced to sell off their stocks, causing share prices to dive.

　　Today, retirees and investors like Paxton Baker⁶ are hoping to avoid another hit if the government defaults on its obligations. “I mean, I am a federal retiree. I depend on the government for my monthly annuity⁷, and if they do not do that, I am probably not going to get paid next month,” he said.

　　Baker belongs to an investment club. He and his colleagues plan to withstand uncertainty⁸ by investing in stocks for the long term.

　　“Certainly, there would be an impact on investments, but I think we feel overall that stocks will continue to be a good place to put your money,” said Baker.

　　Sheila Cheek is an advisor⁹ with Edward Jones Investments. She is telling her clients to look at the long term.

　　“It may take time or it could be a quick recourse. But once again, keeping the long-range investment goals in mind will help you to smooth over a lot of the short-term volatilities,” she said.

　　A Treasury Department report says a default could freeze credit markets, devalue the dollar, send interest rates higher and possibly cause another recession.

　　That would drive international investors away from the U.S., according to economist¹⁰ Stan Collender. “All they know is, this solid rock of an economy, solid rock of a political system, seems to be shaking. And that has got to drop your confidence. It means that, if they are counting on the money to be repaid at the right time also, they may just say, ‘You know what, it is not worth the risk,’” said Collender.

　　To avoid a calamity¹¹, Congress needs to agree to raise the nation's debt ceiling. House Speaker John Boehner and other Republicans are demanding concessions¹² from Democrats¹³ on spending and health care first.

　　"I do not believe that we should default on our debt. It is not good for our country. But after 55 years of spending more than what you bring in, something ought to be addressed," said Boehner.

　　Obama says he will not even discuss it. "There will be no negotiations¹⁴ over this. The American people are not pawns¹⁵ in some political game.

　　The damage from a default could last a long time, said Joseph Minarik at the Committee for Economic Development. "In all likelihood, that will affect the esteem¹⁶ with which lenders perceive the U.S. Treasury for a very long period of time. Trust, once it is lost, is very hard to regain¹⁷.

　　Minarik and others are urging the nation's leaders to avert¹⁸ a crisis. "Don't do this," he said.

　　Meanwhile, Baker and his fellow investors are working to protect their assets in case the government fails them.

1 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

2 preoccupied   

adj.全神贯注的，入神的；被抢先占有的；心事重重的v.占据（某人）思想，使对…全神贯注，使专心于( preoccupy的过去式)

参考例句：

• He was too preoccupied with his own thoughts to notice anything wrong. 他只顾想着心事，没注意到有什么不对。
• The question of going to the Mount Tai preoccupied his mind. 去游泰山的问题盘踞在他心头。 来自《简明英汉词典》

3 looming   

n.上现蜃景（光通过低层大气发生异常折射形成的一种海市蜃楼）v.隐约出现，阴森地逼近( loom的现在分词 )；隐约出现，阴森地逼近

参考例句：

• The foothills were looming ahead through the haze. 丘陵地带透过薄雾朦胧地出现在眼前。 来自《简明英汉词典》
• Then they looked up. Looming above them was Mount Proteome. 接着他们往上看，在其上隐约看到的是蛋白质组山。 来自英汉非文学 - 生命科学 - 回顾与展望

4 treasury   

n.宝库；国库，金库；文库

参考例句：

• The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
• This book is a treasury of useful information.这本书是有价值的信息宝库。

5 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

6 baker   

n.面包师

参考例句：

• The baker bakes his bread in the bakery.面包师在面包房内烤面包。
• The baker frosted the cake with a mixture of sugar and whites of eggs.面包师在蛋糕上撒了一层白糖和蛋清的混合料。

7 annuity   

n.年金；养老金

参考例句：

• The personal contribution ratio is voluntary in the annuity program.企业年金中个人缴费比例是自愿的。
• He lives on his annuity after retirement.他退休后靠退休金维生。

8 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

9 advisor   

n.顾问，指导老师，劝告者

参考例句：

• They employed me as an advisor.他们聘请我当顾问。
• The professor is engaged as a technical advisor.这位教授被聘请为技术顾问。

10 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。

11 calamity   

n.灾害，祸患，不幸事件

参考例句：

• Even a greater natural calamity cannot daunt us. 再大的自然灾害也压不垮我们。
• The attack on Pearl Harbor was a crushing calamity.偷袭珍珠港(对美军来说)是一场毁灭性的灾难。

12 concessions   

n.（尤指由政府或雇主给予的）特许权( concession的名词复数 )；承认；减价；（在某地的）特许经营权

参考例句：

• The firm will be forced to make concessions if it wants to avoid a strike. 要想避免罢工，公司将不得不作出一些让步。
• The concessions did little to placate the students. 让步根本未能平息学生的愤怒。

13 democrats   

n.民主主义者，民主人士( democrat的名词复数 )

参考例句：

• The Democrats held a pep rally on Capitol Hill yesterday. 民主党昨天在国会山召开了竞选誓师大会。
• The democrats organize a filibuster in the senate. 民主党党员组织了阻挠议事。 来自《简明英汉词典》

14 negotiations   

协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过

参考例句：

• negotiations for a durable peace 为持久和平而进行的谈判
• Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。

15 pawns   

n.（国际象棋中的）兵( pawn的名词复数 )；卒；被人利用的人；小卒v.典当，抵押( pawn的第三人称单数 )；以（某事物）担保

参考例句：

• The hostages are being used as political pawns. 人质正被用作政治卒子。
• The allies would fear that they were pawns in a superpower condominium. 这个联盟担心他们会成为超级大国共管的牺牲品。 来自《简明英汉词典》

16 esteem   

n.尊敬，尊重；vt.尊重，敬重；把…看作

参考例句：

• I did not esteem him to be worthy of trust.我认为他不值得信赖。
• The veteran worker ranks high in public love and esteem.那位老工人深受大伙的爱戴。

17 regain   

vt.重新获得，收复，恢复

参考例句：

• He is making a bid to regain his World No.1 ranking.他正为重登世界排名第一位而努力。
• The government is desperate to regain credibility with the public.政府急于重新获取公众的信任。

18 avert   

v.防止，避免；转移(目光、注意力等)

参考例句：

• He managed to avert suspicion.他设法避嫌。
• I would do what I could to avert it.我会尽力去避免发生这种情况。