随着资产价格垂直下落和经济收缩，通缩将很快成为更大的担忧。
With asset prices plummeting and economies shrinking, deflation will soon be a bigger worry.
泡沫破裂导致可能达到灾难水平的信贷紧缩、资产清算、通缩以及财富缩水。
The bursting of bubbles causes credit contraction, the forced liquidation of assets, deflation and wealth destruction that may reach catastrophic proportions.
中国的通缩输出终于要结束了，至少在其资产泡沫破灭前，以及由此带来的大通缩前结束。
The end has come for China's exporting of deflation, at least until its property bubble collapses and the country enters into its own deflationary crunch.
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