Compare the two worlds. On the one side is the West( plus Japan). with banks that are over-utilized and thus dysfunctional(不能正常动作的), governments groaning under debt, and consumers who are rebuilding their broken balance sheets. America is having trouble selling its IOUs at attractive prices( the last three Treasury auctions (拍卖) have gone badly) ; its largest state, California, is heading toward total fiscal collapse; and its budget deficit is going to surpass 13 percent of GDP—a level last seen during World War II. With all these burdens, even if there is a recovery, the United States might not return to fast - paced growth for a while. And it’s probably more dynamic than Europe or Japan. All the following are problems the West is facing EXCEPT that
A. banks are not functioning properly. B. governments are buried in too much debt. C. people have big financial problems. D. economy is experiencing quick recovery.