English to German Bus/Financial Economics

This sets in motion a vicious cycle. The poorer an economy’s growth prospects, the larger the fiscal correction and deleveraging needed to convince markets of underlying solvency. But the greater the fiscal correction and private-sector deleveraging, the worse growth prospects become. The best way to get rid of debt (short of default) is to grow out of it.

Ich bin mir unsicher, was hier gemeint ist:

Die beste Methode, um Schulden (an der Schwelle zur/kurz vor der Zahlungsunfähigkeit) loszuwerden...
oder, sinngemäß,
...um Schulden (abgesehen davon, Zahlungsunfähigkeit zu erklären) loszuwerden...