资产价格暴跌，泡沫在1991和1992年间迅速破灭。
Property prices imploded. The bubble deflated fast in 1991 and 1992.
衰退本来应该是无分阶级的，因为失业、资产价格暴跌、工资下滑和信贷危机影响了社会所有阶层。
The recession was supposed to be class blind, since job losses, plunging asset values, declining wages and the credit crunch have hit all levels of society.
在传统银行外的降低杠杆化也意味着，清理银行资产负债表无法逆转资产价格暴跌和金融市场失灵的大趋势。
Rapid deleveraging outside traditional banks also means that cleaning up banks’ balance-sheets may not break the spiral that is driving down asset prices and stalling financial markets.
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