但是，当资产价格开始下降的时候，整个体系失效了。
But when asset prices started to fall, the whole system unravelled.
供大于求已导致上海郊区的房屋价格开始下降，经过一轮上涨后去年下跌了25%。
In Shanghai's suburbs, the surplus has begun to cool prices, which after a run-up are off 25% in the past year.
一旦价格开始下降，借款人开始拖欠他们的贷款，或寻求出售资产，导致价格进一步下跌。
Once prices start to drop, borrowers start to default on their loans, or seek to sell their assets, causing prices to fall further.
英镑的贬值也将减弱通货紧缩的压力，不然此压力有可能加剧信用危机，因为当价格开始下降时，按实值计算的债务负担则会增加。
The fall in sterling will also blunt deflationary pressures that might otherwise exacerbate the credit crisis, since when prices start falling the burden of debt rises in real terms.
第二个图表反映出相同的数据，但是显示出在过去的每一个价格开始下降的时期，销售量需要多长时间从最高的水平下降。
The second chart reflects the same data, but shows how far sales fell from peak levels during each downturn in the past.
21世纪初，混合动力汽车开始流行，当时汽油的价格上涨，混合动力汽车的价格下降。
Hybrid cars became popular in the 2000s when petrol prices went up and the prices of hybrid cars went down.
当然，随着糖价格下降，其他物品也开始跟风，首先将其普及开来的是贵族。
Of course, as the price of sugar came down, others started to follow the fashion first popularised by the aristocracy.
然而，一旦利率开始回升，房地产价格于2006- 2007年在美国许多地区开始适度下降，再融资变得更加困难。
However, once interest rates began to rise and housing prices started to drop moderately in 2006-2007 in many parts of the U.S., refinancing became more difficult.
面对销售额的长期下降，大型连锁超市开始重启价格大战，分析师说，此举将进一步减少它们的利润。
Faced with chronic declines in sales, top supermarket chains have resorted to an all-out price war, which, according to analysts, is cutting further into their earnings.
根据国家统计局四月的数据显示，新宅价格有9个城市从一个月前开始下降，有5个城市保持稳定。
According to the April data from the National Bureau of Statistics, new home prices declined from a month ago in 9 cities and they were stable in 5 cities.
随着价格的下降，消费者1开始购入商品，这时的市场需求量比任何一个个体消费者的需求量都要大，而且是这两个消费者需求量的总和。
As the pricefalls, consumer 1 begins purchasing, and the market quantity demanded is largerthan either individual participant’s quantity, and is the sum of the twoquantities.
如果iPad和其他平板电脑退出市场的话她的预测可能是对的，但是现在如亚马逊的Kindle电子阅读器价格不断下降，越来越多的消费者开始在手机上阅读。
She may well be right if the iPad and other tablet computers take off, the prices of dedicated e-readers such as Amazon's Kindle keep falling and more consumers start reading books on smart-phones.
他指出即使期货价格上月底开始出现下降，但现货价格仍居高不下，他还指出大多数棉花都走出了仓库。
He points out that cash prices have stayed high, even as futures started to come down at the end of last month, and that most of the cotton is out of the warehouses.
当交易下降时，为了避免失去顾客，许多公司开始降低商品价格。
Many companies have launched lower-priced products in order to avoid losing customers as they trade down.
值得注意的是，猪肉和蔬菜价格持续下降，而水果价格持续回升，鸡蛋和谷物价格也开始上涨。
Notably, meat and vegetable prices continued to decline, while prices remained elevated for fruits and edged higher for eggs and grains.
随着经济缓慢复原，房屋空置率下降，国内土地价格及房屋租金也开始上升。
As the economy slowly recovered, vacancy rates declined and national land prices and rents increased.
这反映出随着消费者勒紧裤腰子，失业率上升（零售价格持续急剧下降），内需开始下降。
This reflects the downturn in domestic demand as consumers tighten their belts and as unemployment rises (retail sales continue to fall sharply).
第二，商品价格已经开始下降，这将伤害出口商而不是帮助进口商。
Second, commodity prices are falling, which hurts exporters but helps importers.
经纪公司之间没有什么区别，他们的价格只好开始趋同并下降。
With nothing to differentiate brokers, their prices are converging-and falling.
伴随越来越多的商家开始在产品中使用Google的Android操作系统，竞争加剧，价格下降，利润空间也逐渐走低。
With more and more vendors looking to Google's Android operating system to power their devices, profit margins are lowering as competition increases and prices decreasing.
就像原油，从七月份开始，由于对能源的需求紧缩，燃料价格也呈下降趋势。
Like crude oil, fuel prices have also trended downward since July as demand for energy dried up.
克拉里达说：“美联储更担心价格下降造成的通货紧缩，而不是从现在开始的3、4年里通货膨胀的上升。”
"The Fed is much more concerned about a deflationary outcome of falling prices than it is about a rise in inflation three or four years from now," said Clarida.
换句话说，从今年开始，中关村的办公室租金价格一直在下降。
In other words, from the beginning of the year, Zhongguancun office rental prices have been declining.
是的，一旦股票价格开始下滑，它会一直下降，直到有一个明确的逆转。
And yes, once a stock price starts to move down, it will decline until there's a clear reversal.
鲽鱼：养殖大菱的需求量在上个月开始下降后，这个月的需求量还是偏低，但价格有望保持稳定。
Flatfish: farmed turbot demand is expected to be low during the whole month of January and after last month's drop prices are expected to remain stable.
随着让机器说话和活动技术的进步，以及元件价格的下降，机器人开始逐渐进入消费主流。
Improvements in technology for getting machines to talk and move about, as well as a drop in the price of components, have robots rolling into the consumer mainstream.
随着让机器说话和活动技术的进步，以及元件价格的下降，机器人开始逐渐进入消费主流。
Improvements in technology for getting machines to talk and move about, as well as a drop in the price of components, have robots rolling into the consumer mainstream.
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