Fearful consumers , businesses and markets will retrench further , causing economic decline to accelerate .
恐慌的消费者、企业和市场将进一步紧缩开支,加速经济下滑。
Households will retrench as unemployment rises and those with jobs fear they may lose them .
家庭由于失业的增加和对可能失业的恐惧而将紧缩开支。
Wall street firms , which often retrench in downturns , have been nudged down the rankings .
往往在衰退时紧缩业务的华尔街公司已经处于排名的末尾。
It is not obvious , in addition , who would act as the world 's " borrower of last resort " , should us households retrench .
此外,如果美国家庭紧缩开支,看不出来谁会成为全球“最后的借款人”。
Declines in the endowments have forced the two schools to cut budgets and delay plans to expand facilities and hire staff , as even the country 's top colleges are being forced by the financial crisis to retrench .
The weak will retrench , selling off unnecessary bits of themselves witness rbs 's sale of its asian operations , ing 's disposal of its private banking business and citigroup 's wholesale divestment of a vast swathe of businesses that , in crisis mode , it was forced to define as non-core .