Although weakened, they remain a threat in the region.
未来两年最大的危险是通缩。
The most likely scenario for the next two years is gridlock.
在通缩的世界中,债务则具有毒性。
In a recessionary world, more corporate debt is toxic.
没有比现在更好的时机来彻底摆脱通缩。
There is no better opportunity than now to completely get out of deflation.
增长仍高于趋势,通缩的威胁已经消失。
Growth remains above trend, and the threat of deflation has been extinguished.
这意味着日本正处于最罕见的情况――通缩繁荣。
That means Japan is in the midst of that rarest of situations- a disinflationary boom.
同时,虚拟货币具备通缩性,将抑制经济发展。
At the same time, the deflation nature of virtual currency will inhibit economic development.
中国必须应对贸易战、高债务问题以及通缩压力。
China must grapple with the trade war,excessive debt levels and disinflationary pressures.
这些缓慢的经济体崩溃和债务通缩被描绘为“市场选择”的结果。
The slow economic crash and debt deflation of these economies is depicted as a result of"market choice.".
新兴市场货币贬值的全球影响也可能是通缩性的。
The global implications of loweremerging-market currencies are also likely to be deflationary.
换句话说,通缩事件的影响可能成为促使人们购买黄金的催化剂。
In other words, the consequences from a deflationary event could serve as the very catalysts that push people to buy gold.
全球增长预期持续出现下调,全球通缩压力给美国通胀前景蒙上了阴影。
Global growth estimates continue to be marked down, and global disinflationary pressures cloud the outlook for U.S. inflation.
日圆走强和通缩并没有导致就业危机,因为政府赤字正在推高总需求。
A strong yen and deflation haven't led to an employment crisis because the government deficit is pumping up aggregate demand.
在通缩环境下,累积债务的负担可能使银行业系统沉没,拖累经济陷入萧条。
In a deflationary environment, the weight of accumulated debt can sink the banking system and push the economy into depression.
然而,比特币造成的通缩率将以如此可控的速度发生,市场将有时间进行调整。
However, the rate of deflation posed by Bitcoin will occur at such a controlled rate that markets will have time to adjust.
此外,可以说宽松货币本身造成了近几年所发生的意料外的强烈通缩力量。
Moreover, one could argue that easymoney itself has contributed to the unexpectedly strong disinflationary forces seen in recent years.
的投资者认为通缩是最大的风险,尽管他们预期商品会继续走高。
Deflation is viewed as a bigger risk to markets by 72% of investors, despite the expectation that commodities will continue to move higher.
价格通缩,金融危机和银行倒闭是经济萧条的常见因素,却通常不会在经济衰退时出现。
Price deflation, financial crises and bank failures are also common elements of a depression that do not normally occur during a recession.
新兴市场的危机很少会朝着债务通缩萧条的方向发展,而往往会走向恶性通胀。
Emerging market crises rarely go in the direction of the debt deflation depression, and more often move towards a hyperinflationary depression.
尽管这些国家都在与通缩压力作斗争,但它们的货币政策--以及经济表现--正在分化。
Despite their shared struggles with deflationary pressures, these countries' monetary policies- and economic performance- are now diverging.
今天,许多制造业和原材料行业的慢性通缩让价格战的重要意义重现,这是当前贸易冲突的一大主因。
Chronic deflation in many manufacturing and raw material industries today is reviving the importance of price wars, a major cause of today's trade conflicts.
With Japan's economy struggling to escape its deflationary torpor, the economic-revitalization plan that Prime Minister Shinzo Abe launched in 2012 has come under growing scrutiny.
这一特性使得比特币天生具有通缩性,因此不适合创造,而信贷是任何货币体系的真正来源。
That feature makes bitcoin inherently deflationary and therefore not suitable for credit creation, which is the real source of any system of money.
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