Plunging housing markets and the credit crunch have put paid to all that.
房地产市场下滑和信贷危机都是其原因的一部分.
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So, with margins and leverage declining, ROEs are unlikely to return to pre-credit crunch levels.
因此，由于利润率和资产负债率均不断下降，ROE不太可能重返信贷危机爆发前的水平。
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自该消息于8月中旬宣布以来，香港恒生指数（Hang Seng Index）已累计上涨26.1%，抹去了信贷紧缩期间的跌幅。
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新兴市场已经被证明相当程度上避开了西方信贷危机的株连，但通胀被证明是一项全球难题。
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In part at least because of recessionary conditions created by the earlier credit crunch.
至少在一定程度上是因为,早些时候信贷紧缩造成的衰退环境.
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A latecomer to the credit crunch, Berlin's challenge is to keep German banks lending.
作为信贷紧缩中的迟到者, 柏林面临的挑战是如何让国内银行继续放贷.
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The credit crunch and tightening budgets are prompting more people to consider used cars.
信用崩溃和紧缩的预算促使更多的人考虑二手车.
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The credit crunch may blow over, but two more persistent eddies also wafting through this market.
信贷紧缩终将有一天会过去, 但另外两个漩涡还在搅乱着市场,久久不肯离去.
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Will the 13-month-old credit crunch get even worse and drag down the entire global economy?
持续了13个月的信用困扰还会继续扩大进而拖慢全球经济 吗 ?
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POLICYMAKERS and academics are still grappling the causes and consequences of the credit crunch.
政策制定者和学者们还在设法对付信贷危机的源头和后果.
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Paulson's move showed that he ease a global credit crunch strategic situation has changed.
保尔森的这一举动表明,他缓和全球信贷紧缩状况的战略发生了改变.
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Yet in many ways Turkey has weathered the credit crunch better than other emerging economies.
然而,与其他新兴经济体相比,士耳其在许多方面已渡过信贷危机.
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But the credit crunch, and the deficit's size, is making this harder and more expensive.
但是现在信贷危机和庞大的赤字规模使得抵押借款变得更困难了,并且成本也更高了.
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But with bank balance sheets stretched by the credit crunch, that's not likely to happen quickly.
但鉴于银行的资产负债因信贷危机变得吃紧, 建立这样的市场不可能很快办到.
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Dealers and auctioneers succeeded in this feat for a year after the credit crunch.
信贷危机之后的一年内,代理商和拍卖行成功地取得了这种效果.
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