America could hasten deleveraging and improve workers' ability to move to new jobs by being more eager to cut the principal on mortgages to sums closer to homes' actualvalues.
The line must be drawn also between innovations that add value and extend life from technologies that are ecologically more expensive to produce than their actual added values to human living.
To make all the curves comparable, he expressed the values of the actual deviations as fractions of a standard deviation, and their frequencies as proportions of their total number.
Some banks may have to raise capital worth between a quarter and half of their current market values (although the actual amounts may well be smaller because of mitigating steps they have already taken).