In return, regulators agreed to go slowly: banks will implement Basel 2 over a three-year transition period, during which time capital levels are not allowed to fall by more than 15% in total.

作为回应，管理者们同意缓步施行（该协议）：银行将在三年的过渡期中履行巴塞尔协议，并且在这期间资本级在整体上不允许下降超过百分之十五。

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If you divide the 20th century into quartiles, the period when the initial yield gap was highest (ie, bonds yielded more than cash) saw a subsequent ten-year real return from gilts of just 0.3%.

如果你把二十世纪分成四个时期，初始收益差最高的时期(例如，债券比现金收益大)之后会遇到十年金边债券净收益只有0.3%的情况。

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When gold was up by more than 20% over a five-year period, the median return from large-cap American stocks in the same era was just 2.1%.

当金价在5年内增长超过20%，美国大盘股的同期中位回报只有2.1%。

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