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It shows how difficult rebalancing will be, in particular because the same financial and political elite that created the debacle remains substantively in charge.
The government says publicly that it is willing to absorb the pain as it grapples with ballooning debt, entrenched special interests and the difficult rebalancing of the economy from investment to consumption.
Cutting its forecasts for global growth, the International Monetary Fund expressed concern about a slowdown in emerging market economies, China's difficult rebalancing away from an exports-driven economy, lower commodity prices and the ending of ultra-loose monetary policy in the US, which has just raised its interest rates for the first time in almost a decade.
"In the meantime they will act as headwinds to the recovery". Mr King also warned that following an "unprecedented" period the UK economy faced a difficult rebalancing "away from private and public consumption and towards net exports", and that this could also hit economic growth.
I knew the prism I saw the conflict through required some cognitive adjustment, but I was unprepared for the sudden and very difficult rebalancing that occurred the moment I crossed through Qalandia checkpoint on my way to Nablus.
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Looking towards the 2020s, many Chinese economists worry about falling into a "middle-income trap": losing competitiveness in labour-intensive industries but failing to gain new sources of growth from innovation.China's leaders will find it enormously difficult to rebalance China's economy so that growth is led by consumption rather than by exports and investment.
ACE has faced an impossibly difficult task in rebalancing its grants after a 29.6% cut in government funding, but I know they have tried hard to be strategic and our experience of the application process was that it was fair and open.
Xi Jinping is trying to spearhead China's most ambitious reform package since the days of Deng Xiaoping, including not only difficult economic rebalancing but also an overhaul of the way China's bureaucracy (both civilian and military) is organized.
Cameron said on Marr that the UK was going through "a very difficult, painstaking process" of rebalancing the economy because the old model of growth that focused on financial services in England's south-east was broken.
Rebalancing is difficult because it forces you to sell the asset class that is performing well and buy more of your worst-performing asset classes.
One of the most interesting, crucial and difficult to execute is the last: rebalancing.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com