in the United States your life has not improved

在美國，你的生活沒有得到改善

in last 40 forty years.

在過去的四十年裡。

We have taken hundreds and hundreds of millions of people

我們已經帶走了數以億計的人。

out of poverty around the world over the course

貧困的情況

of the past decades.

在過去幾十年中，。

The rise of China has been extraordinary,

中國的崛起非同一般。

1.4 billion people we've never seen anything like it

14億人，我們從來沒有見過這樣的事情。

that growth has occurred on the back of

增長的背後是

open borders and free trade, no question.

開放邊界和自由貿易，毫無疑問。

But you have lost a lot of opportunities in the West.

但你在西方失去了很多機會。

You have created much greater structural inequality

你造成了更大的結構性不平等

and it's not just about the economy

這不僅僅是經濟問題

but the economy's a big piece of it.

但經濟是其中的一大塊。

If you are a member of the working or middle class

如果你是工薪階層或中產階級的一員。

in the United States your life has not improved

在美國，你的生活沒有得到改善

in the last 40 years, you feel like

在過去的40年裡，你覺得

the American dream no longer applies to you

美國夢不再適用於你

while the Chinese feel like the Chinese dream

而中國人卻覺得像中國夢

that's something that they can be a part of.

那是他們可以參與的事情。

That obviously undermines the notion of liberal democracy.

這顯然破壞了自由民主的概念。

If the majority of Americans don't think

如果大多數美國人不認為

they're capitalists 'cause they don't have capital

他們是資本家，因為他們沒有資本。

then they're not gonna support a capitalist system

那他們就不會支持資本主義制度。

and they're particularly not gonna support it

他們尤其不會支持它

if they think that the capitalists on top

如果他們認為上面的資本家

aren't doing anything for them.

並沒有為他們做任何事情。

If their infrastructure isn't being invested into,

如果他們的基礎設施沒有被投資到。

if their schools aren't being invested into,

如果他們的學校沒有被投資到。

if their policing isn't being invested into,

如果他們的治安沒有被投入到。

if their healthcare is worse than it used to be,

如果他們的醫療服務比以前更差。

if we're not responding to a massive opioid crisis

如果我們不應對大規模的阿片類藥物危機，

then they're not going to support these governments.

那麼他們就不會支持這些政府。

And by the way, we're saying this at a time

順便說一句，我們在說這個的時候

when the US economy is growing at a strong clip.

當美國經濟強勁增長時。

We're saying this at a time when the IMF

我們是在國際貨幣基金組織的時候說這話的

has just upgraded their expectations for global growth

剛剛上調了他們對全球增長的預期

in 2018 and 2019 to 3.9%, the best the world economy

在2018年和2019年達到3.9%，是世界經濟最好的。

has done since before the financial crisis.

自金融危機前以來，一直在做。

If that's the case now, what's gonna happen

如果現在是這樣，那會怎麼樣呢？

in the next recession?

在下一次經濟衰退中？

What's gonna happen suddenly when we don't have

當我們沒有了... ...

a huge tax plan that benefits everyone

龐大的稅收計劃，人人受益

and we're spending like crazy and increasing the deficit.

我們花錢如流水，增加赤字。

What's gonna happen suddenly when times get tighter

時局越來越緊，會突然發生什麼？

and when the corporations aren't hitting the profitability

而當企業沒有達到利潤率的時候。

that they are right now.

他們現在。

I mean clearly this is a situation

我的意思是很明顯這是一個情況

that is going to get worse.

這是要變得更糟。

We elected Trump in the United States.

我們在美國選出了特朗普。

So people think it was an illegitimate election

所以人們認為這是一次非法的選舉。

but there's no question he got the Republican nomination

但毫無疑問，他獲得了共和黨的提名。

over 16 other candidates and Ted Cruz

超過16名其他候選人和特德-克魯茲

was probably number two.

可能是二號。

Bernie Sanders was clearly enormously popular

伯尼桑德斯顯然是非常受歡迎的

on the Democratic side, like, whoever won

在民主黨方面，喜歡，誰贏得了

the US election, we've not seen an election like this

美國大選，我們從來沒有看到過這樣的選舉。

with this kind of anti-establishment sentiment

這樣的反建制情緒。

in certainly, not as long as I've been alive,

當然，只要我還活著，就不會。

and in Europe the vote for Brexit,

而在歐洲，投票支持Brexit。

in Germany, the support for the

在德國，對《公約》的支持

Alternatives For Deutschland party

德國黨的替代方案

for the first time a nationalist party

民族第一黨

in the German parliament since Word War II.

字戰爭以來，在德國議會。

Given their history that's extraordinary.

考慮到他們的歷史，這很不尋常。

In Italy, the Five Star movement, the Northern League

在意大利，五星運動、北方聯盟。

winning from the far left and the far right,

從極左和極右中取勝。

this is obviously not an accident.

這顯然不是一個意外。