1. Inflation will continue to fall, although Japan will again suffer from
deflation.
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通货膨胀率将继续下降,尽管日本将再次遭受通货紧缩。
2. The risk of
deflation is exacerbated by rising unemployment and falling incomes because of less overtime and a huge cut in summer bonuses.
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随着失业率上升,及加班减少、夏季奖金锐减而导致收入减少,通货紧缩的风险进一步恶化。
3. This, I believe, would cause the mother of all financial market crises – a bond market crash – to be followed by depression and
deflation.
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我相信,此举将会导致债券市场崩盘——这是一切金融市场危机的源头——进而导致萧条与通缩。