The inspiration from the theory of modern capital structure is that indebtedness can bring tax avoidance and income from financial leverage to electric enterprises.

通过分析现代资本结构理论，得到了负债经营可为电力企业带来避税效应和财务杠杆利益的启示。

youdao

Fisher put forward the over-indebtedness and deflation theory to analyze the instability of the financial system while Minsky carried out his analysis from the economic cycle Angle.

费雪从负债过度和通货紧缩的角度、明斯基等学者从经济周期的角度分析了金融系统的内在不稳定性。

youdao

In theory this policy of buying and cancelling some of the debt would reduce Greece's indebtedness, because the market price of its bonds is a fraction of the amount originally borrowed: if the EFSF paid 50m euros for Greek bonds with a face value of 100m euros, and agreed that Greece should have an obligation to replay only the 50m euros, that would reduce Greece's indebtedness by 50m euros.

BBC: Practical steps to prevent eurozone meltdown