The economic and social impact has been devastating .

这种现象的经济和社会影响是毁灭性的。

Financial crises have devastating impacts on the public finances .

金融危机对公共财政状况具有破坏性影响。

Yet the effects of attacks in space or cyberspace on the u. s.and chinese economies would be devastating .

然而通过太空和网络空间上的攻击以打击美国和中国的经济的效果将会是毁灭性的。

Partly this is because the economy has faced a devastating recession that the fed was meant to prevent .

这部分是因为经济正面临惊人的衰退，而美联储本应加以预防。

Barring a devastating shock from the eurozone , however , the economic recovery may gradually start to feel normal .

然而，除非欧元区危机造成毁灭性冲击，美国经济复苏或许会逐渐走上正轨。