1. Inflation will continue to fall, although Japan will again suffer from
deflation.
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.
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.
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。