尽管其房地产泡沫的紧缩以及严重的干旱，但是袋鼠经济仍保持着跳跃似的增长。
Despite the deflation of its housing bubble and a severe drought, the kangaroo economy keeps bouncing along.
要知道，紧随通胀下挫的利率走低吹起了股楼两市的层层泡沫，且不断刺激放大人们滚雪球似的贪欲，后者的败因恰是当前危机的核心所在。
The decline in interest rates that followed inflation’s defeat created bubbles in stocks and houses and fuelled a “reach for yield” whose undoing is at the heart of the current crisis.
日本的房地产泡沫当时在一系列因素的共同作用下愈演愈烈：廉价的货币，金融自由化。与美国极为相似的是，大多数人都认为不动产价格不会出现全国范围内的普遍下跌。
Japan's property bubble was also fuelled by cheap money and financial liberalisation and-just as in america-most people assumed that property prices could not fall nationally.
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