For much of the 1980s and 1990s, any decrease in interest rates was mirrored by a similar drop in the cost of risk capital, spurring innovation.

1980和1990年代的多数时期，任何利率的下降都会导致奉献资本成本产生近似的下降，从而刺激革新。

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Capital Economics, a research consultancy, expects another 5% drop this year.

名为资本经济的研究咨询机构预测，今年他们还会下降5%。

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Even if Europe's Banks don't face a liquidity crunch, a drop in the value of sovereign bonds would severely deplete their capital, forcing them to halt new lending.

即使欧洲银行不会面临流动性紧缩问题，如果其持有的主权债券贬值，其资本仍将严重下降，这将迫使它们停止发放新贷款。

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Example: Drop capital gains taxes from 28% to 20%.

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For 2002, Weiner estimates a 20% drop in capital spending for the semiconductor industry.

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Martin Weiner of Comstock Partners estimates a 20% drop in capital spending by the semiconductor industry.

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