Conditional 1 x conditional 2: Como utilizar?

If the housing market is hit hard again in a recession, the government would have fewer options. The Fed owns nearly a trillion dollars’ worth of mortgages. The Treasury has spent $130 billion on rescuing Fannie and Freddie, which are legally required to start shrinking this year. The government will still be able to try to use Fannie and Freddie — which aren’t counted as part of the budget — to help the housing market, but officials are unclear about what could be done to make a major difference.

Não entendi por que os tempos não foram usados de acordo com as regras da gramática. Se usarmos presente simples temos que usar depois futuro simples, presente simples ou imperativo. Se usarmos o passado simples temos que usar depois "would". WOULD no português corresponde ao futuro de pretérito e ,no inglês, qual a classificação dele?