The resulting loan losses and declines in asset prices erode the balance sheets at financial institutions, further diminishing credit and investment across a broad range of assets. 由此导致的贷款损失和资产价格下跌,侵蚀着金融机构的资产负债表,并进一步使广泛资产类别的信贷和投资减少。
Diverting funds into different assets risks diminishing the value of the existing portfolio, for example by selling US dollar assets, now estimated to account for 70 per cent of reserves. 将资金分流到不同的资产,有可能削弱现有投资组合的价值,比如出售美元资产&估计目前这部分资产占储备总额的70%。
Discussion on diminishing assets accounting 论我国递耗资产会计