He saw a long-term state in which the propensity to save outran the propensity to invest, thus making full employment impossible without major policy changes. 他发现了一种储蓄倾向超过投资倾向的长期情形,正因如此,如果没有重大政策变化,就不可能实现充分就业。
Among these were excess savings in emerging economies; and shifts in income distribution, ageing and a secular decline in the propensity to invest in high-income countries. 这些转变包括新兴经济体过度储蓄、收入分配变化、人口老龄化以及对高收入国家的投资倾向长期下降。
To some extent, this implies a potential investment propensity: if an investor plans to hold more than one fund in his portfolio, he may choose to invest in the same fund family. 在某种程度上,这意味着一种潜在的投资倾向:如果投资者打算同时持有多只基金,那么他很可能会投资于同一个基金家族。