The enormous amount of debt, a lack of adequate business capital, excessive borrowing on land and securities, and installment borrowing by individuals on an unprecedented scale make the currently unstable situation totally vulnerable to a Depression.

• 极巨大的债项、欠缺足够的企业资本、过多的土地和保证借贷，以及前所未有的高个人分期借款比率，导致现在的局面不稳定并极容易进入大衰退的局面。