So if house prices fall below the value of the mortgage, a householder can walk away from his debt. Many have done so: fire sales of seized homes have weighed heavily on prices.
因此,如果房价降至抵押物价值以下,房主可以安全脱离债务,许多人这么做:被没收财产的降价销售严重依赖于市场价格水平。
One possibility is that the developed world will attempt to inflate its debt away, perhaps by ever-larger doses of quantitative easing.
第一种可能性是,发达国家用通货膨胀抵消其债务,办法可能是一波大过一波的量化宽松。
A person told their credit card is about to be taken away because of serious debt cheers themselves up with a spending spree while they've still got it.
有人说他们的信用卡将因其严重的负债状况而被吊销,然而他们仍在过度消费。
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