Bubble Crash

1

That means millions of people trading stocks have little or no direct memory of the 2007-08 stock market bubble and crash .

这意味着数百万股民对2007-08年股市泡沫和崩盘只有很少的直接记忆，或者完全没有记忆。
2

This does not mean that another synchronised bubble followed by a crash is inevitable , but it does mean that such an event remains a distinct possibility .

这并不是说，又一轮同步生成的泡沫，必定紧跟着又一次崩盘。但这的确意味着，这样的情况还是很可能发生。
3

But the longer and bigger the carry trades and the larger the asset bubble , the bigger will be the ensuing asset bubble crash .

但是，利差交易持续的时间越长、规模越大，同时资产泡沫变得越大，那么随后资产泡沫破裂的规模也就越大。