Over the past six years, the value of the trade-weighted dollar has fallen by more than a quarter, as the US has continued to rack up historically unprecedented trade deficits.

过去六年以来，随着美国不断刷新史无前例的贸易赤字，贸易加权的美元价值已经下跌了超过四分之一。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 16.02.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 16.02.2011

We' ve got to live, no matter how many skies have fallen.

不管天翻地覆， 我们都得生活。

Lawrence, David Herbert / Lady Chatterley's Lover劳伦斯, 大卫 赫伯特 / 查太莱夫人的情人

查太莱夫人的情人

劳伦斯, 大卫 赫伯特

Lady Chatterley's Lover

Lawrence, David Herbert

© Wordsworth Editions Limited 2005

Indeed, in the last 25 years, the share of direct and indirect wages as a percentage of GDP has fallen by 8% to 11% in all the countries involved.

实际上，在过去25年中，在所有有关国家中，直接和间接工资在GDP中占据的百分比从 11%下降到8%。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 24.01.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 24.01.2011

This time, manufacturing employment has actually fallen during the expansion, something unprecedented in American history.

这一次，制造业就业在扩张时期实际上下降了，这在美国历史上是前所未有的。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 24.01.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 24.01.2011

Restoring alliances, partnerships, and multilateral institutions, many of which have fallen into disarray in recent years, owing to unilateral approaches.

一、重建联盟、夥伴关系以及多边机构。今年来，它们许多都由于单边主义而陷入混乱。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 15.01.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 15.01.2011

The aim of multilateral consultation was not to seek to solve imbalances in one fell swoop, but rather to solidify agreement on a medium-term approach that could reduce imbalances gradually over time.

多边商讨的目的并不是为了一蹴而就地解决贸易不平衡，而是为了达成一个中期的解决方案，慢慢地减少贸易的不平衡。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 01.11.2010

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 01.11.2010

And it is also time to take a more detailed look at where we continue to fall short.

同时还应该借此机会审视我们在哪些方面还继续存在不足。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 28.10.2010

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 28.10.2010

Presently she began again. 'I wonder if I shall fall right through the earth!

不一会儿， 她又说话了：“我想知道我会不会穿过地球。

Carroll, Lewis / Alice's adventures in Wonderland卡罗尔 刘易斯 / 爱丽丝梦游仙境

爱丽丝梦游仙境

卡罗尔 刘易斯

Alice's adventures in Wonderland

Carroll, Lewis

© 1901, by Harper & Brothers

Instead, after a US withdrawal, the country might fall apart, possibly leading to “balkanization” of the Middle East, with extremely dangerous consequences for the whole region.

然而，在其撤军之后，该国可能会四分五裂，致使中东地区“巴尔干化”，给整个地区带来危险的后果。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 11.01.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 11.01.2011

Except there being other provisions by the State, if the imported materials under processing trade fall within import restrictions imposed by the State, the operating enterprise shall be exempted from submitting the import license to the customs;

除国家另有规定外，加工贸易进口料件属于国家对进口有限制性规定的，经营企业免 于向海关提交进口许可证件；

© 中国投资指南

http://www.fdi.gov.cn/index.htm 18.04.2011

© Invest in China

http://www.fdi.gov.cn/index.htm 18.04.2011

As a result, reunified Germany naturally fell back on its old sphere of dominance, Eastern Europe.

谁知最终新德国还是缩回了其旧有势力范围——西欧。

Rocard, MichelRocard, Michel

card, Michel

Rocard, Miche

© Project Syndicate 1995 - 2011

http://www.project-syndicate.org/ 13.09.2011

card, Michel

Rocard, Miche

© Project Syndicate 1995 - 2011

http://www.project-syndicate.org/ 13.09.2011

After all, America’s still-large current-account deficit guarantees that the dollar will continue to fall.

归根结底，美国仍然庞大的经常帐户赤字注定了美元将会继续贬值。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 13.01.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 13.01.2011

Where a patent application document falls under any of the following circumstances, the administrative department for patent under the State Council shall not accept the application and shall notify the applicant accordingly:

专利申请文件有下列情形之一的，国务院专利行政部门不予受理，并通知申请人：

© 中国投资指南

http://www.fdi.gov.cn/index.htm 26.04.2011

© Invest in China

http://www.fdi.gov.cn/index.htm 26.04.2011

I cannot judge the strength of these factions, or whether they know that the falling US current account deficit and dollar may lessen the urgency of adjustment in the rest of the world, but not in China.

我不能判断这些人的影响力（究竟有多强），也不清楚他们是否知道美国经常项赤字的下降和美元的贬值可以减轻除中国以外的世界其他国家做出调整的紧迫压力。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 11.01.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 11.01.2011

“Dollar denial,” that state of willful blindness in which bankers and central bankers claim not to be worried about America’s falling currency, seems to be ending.

“美元否定，”那种金融家和央行行长们声称不要为美国货币贬值忧虑的有意的视而不见似乎已经走到了尽头。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 13.01.2011

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 13.01.2011