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The Credit Crisis: No Escape in Space

机译:信用危机:逃脱太空

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The already significant and expanding credit crisis in the United States has commanded global attention and renewed awareness of the fact that credit is the essential engine of the global economy. The deterioration of, and contraction in, the credit markets has a wide-ranging, visible impact, touching every sector of the economy. That essential relationship is particularly evi-dent in the space industry which is critically dependent on periodic large infusions of capital funding, procured under reasonable terms and conditions, for sustained maintenance and growth. Although the vulnerability of the commercial space industry to unfavorable credit market conditions may be more intuitively obvious, government programs will also suffer significantly if substantial funding is diverted to meet other urgent national needs.
机译:美国已经很严重且不断扩大的信贷危机引起了全球的关注,并重新认识到信贷是全球经济的重要引擎这一事实。信贷市场的恶化和萎缩具有广泛的,可见的影响,触及经济的各个部门。在航天工业中,这种必要的关系尤为明显,航天工业严重依赖定期的大量注资,这些注资是在合理的条款和条件下获得的,以维持和维持增长。尽管从直观上看,商业航天业在不利的信贷市场条件下的脆弱性可能更为明显,但如果将大量资金用于满足其他紧急的国家需求,政府计划也将遭受重大损失。

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