My Vision Is = To spread Jesus!

Despite the bursting of the stock market bubble, last year's collapse of corporate investment and the terrorist attacks, the recession has been remakably short and mild.




burst of the stock market bubble 증시 거품 붕괴

Thanks to the productivity miracle, output grew fast enough to push unemployment to historic lows without fueling inflation.




productivity 생산성
fuel inflation 인플레이션을 부추기다
subdue(control) inflation 인플레이션을 잡다
historic lows(highs) 사상 최저(최고)

The fluctuating value of the euro has led to tensions between those wanting a strong currency to control inflation, and those worried about export prices.



fluctuation 가격이나 가치가 위아래로 급격하게 변동한다는 의미
fluctuating value 위아래로 크게 출렁거리는 가치. 비슷한 의미로 volatility가 있다.
volatile stock market 변동성이 큰 증시
control inflation 인플레이션을 잡다
strong(weak) currency 강세(약세) 통화

Last week the US central bank published a study of how Japan might have avoided its decade-long struggle with deflation-a vicious cycle of shrinking prices, asset values, spending profits and employment.




publish a study 보고서를 발간하다
shrinking prices 가격 하락
asset value 자산 가치

Japan yesterday reacted to silding share prices and worsening economic prospects by promising to implement anti-deflationary measures. details of which may be announced as early as Monday.





as early as 빠르면
as late as 늦어도
economic prospect(forecast) 경제 전망(예상)
implement anti-deflationary measures 디플레 억제책을 시행하다

Japan is running out of conventional polices, such as monetary policy and fiscal policy, and is starting to look at non-conventional means of trying to reflate the economy.





conventional(non-conventional) policy 전통적(비전통적) 정책
run out of~ ~을 소진하다
monetary(fiscal) policy 통화(재정) 정책

이올린에 북마크하기