| 单词 | Crash |
| 释义 | Crash 崩盘 指经济形势急剧恶化或资产价格暴跌，崩盘会严重打击投资和消费信心，并可能会演变成经济或金融危机，例如1929年的华尔街股灾以及1997～1998年的亚洲金融风暴。发生这种状况时，企业和个人会减少投资和消费，以勉力偿还债务。这些债务很可能是以购入的资产(如房屋)作为抵押的，而这些资产的价值已暴跌。信贷需求会因而进一步下降，进而威胁总体经济增长。 "A dangerously steep fall in economic conditions or asset prices, such as the Wall Street Crash of 1929. A crash leads to a sudden fall in confidence in investment and the economy. Companies and individuals reduce consumption and investment as they try to repay debt borrowed to buy assets which have fallen steeply in value. That leads to further drops in demand for credit and threatens the overall level of economic activity." |
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