were the situation were to continue as it is ,we would pay a high price.

你的句子打错了,是
Were the situation to continue as it is,we would pay a high price.吧
句子里用了虚拟语气,用了该语法后,句子中的时态须往后退一步,即一般现在时用一般过去时代替,且在正规的句子里,be动词用were你的句子还包含虚拟语气倒装.
虚拟语气的if条件句如果含有were,should,或had,可将if省略,再把were,should或had 移到从句句首,实行倒装.
Were they here now,they could help us.
　=If they were here now,they could help us.
Had you come earlier,you would have met him
　=If you had come earlier,you would have met him.
Should it rain,the crops would be saved.
　=Were it to rain,the crops would be saved相信你能理解赞同吧!