求翻译：之后就会引发实体经济产生过剩，企业大规模破产倒闭，劳动力大量失业，导致购买力下降，有效需求不足，形成恶性循环。是什么意思？

Then will lead to excesses, and the real economy, large-scale corporate bankruptcy, labor, massive unemployment, resulting in declining purchasing power, lack of effective demand, creating a vicious cycle.

After the economic entities will lead to a surplus going bankrupt, large numbers of unemployed labor, resulting in reduced purchasing power, lack of effective demand, creating a vicious cycle.

Afterwards can initiate the entity economy to produce too much, the enterprise large-scale bankruptcy goes out of business, the labor force massive unemployments, causes the purchasing power to drop, the effective demand is insufficient, forms the vicious circle.

Excess is raised after the real economy, mass bankruptcy of enterprises, labour jobs, leading to decline in purchasing power, insufficient effective demand, create a vicious circle.

正在翻译，请等待...