Now that the "artificial-wealth bubble" of the past two decades is finally collapsing, one of two scenarios can occur: capital destruction or purchasing-power destruction.
由于在过去20年造成的“人工财富泡沫”终于崩溃了,那么有两种情况就可能发生:资本损毁或购买力损毁。
Only by allowing the "winds of creative destruction" to blow freely could capital be released from dying firms to new industries.
只有允许“创造性毁灭之风”自由的吹动,资本才能从濒临破产的企业流向新兴企业。
In conventional industries, the demise of companies leads to "creative destruction" with capital being reallocated to more productive areas.
在传统产业,公司的消亡导致“创造性破坏”,资金被重新分配给生产效率更高的领域。
Then again, there is a certain heroic beauty in the exuberant destruction of both capital and hope entailed by the entrepreneurs' activities.
那么再一次,一种特殊的英雄式的美存在于资本和希望的双双破灭之中,二者是资本家活动特别必要的。
For Queensland, the scars from last summer's events remain - and always will. The destruction of capital stock is a loss of wealth, but capital can ultimately be rebuilt; lives lost cannot.
对于Queensland上个夏天发生的伤痛仍然,并将一直存在,证券资本的毁坏是价值的失去,但资本最终可以复原,生命的失去却不能。
For Queensland, the scars from last summer's events remain - and always will.The destruction of capital stock is a loss of wealth, but capital can ultimately be rebuilt; lives lost cannot.
对于Queensland上个夏天发生的伤痛仍然,并将一直存在,证券资本的毁坏是价值的失去,但资本最终可以复原,生命的失去却不能。
It has unleashed enormous destruction that obliterated our once glorious capital and mighty cities.
它释放出巨大的破坏,这抹杀我们曾经辉煌的资本和强大的城市。
The conservative of usury capital and its shock and destruction to small production had been properly estimated by Marx in his capital volume three.
马克思在《资本论》第三卷中正确估价了高利贷资本的保守性,谴责了高利贷资本对小生产方式的冲击和破坏。
The development of infrastructure is constrained by the high capital cost of restoration, brought about by the lack of maintenance and exacerbated by wanton destruction over two decades of conflict.
基础设施的开发,也受到巨大修复本钱的制约,由于我们缺乏维修能力,而且过往二十多年的内部冲突带来的恶意破坏,使得情况大大恶化。
Chapter Four is Ying Capital's decline, mainly from two aspects of the causes of Ying Capital's falling and the destruction of Bai Qi capturing Ying Capital to research Ying Capital's decline.
第四章是郢都的衰败,主要从郢都陷落的原因及白起对郢都的毁坏两方面探讨郢都的衰败。
Chapter Four is Ying Capital's decline, mainly from two aspects of the causes of Ying Capital's falling and the destruction of Bai Qi capturing Ying Capital to research Ying Capital's decline.
第四章是郢都的衰败,主要从郢都陷落的原因及白起对郢都的毁坏两方面探讨郢都的衰败。
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