If house prices fall next year, the collateral damage is likely to be considerably greater.
如果明年的住房价格下跌,对经济的间接损害可能会相当大。
By contrast, the most successful approach is to let asset prices fall to discover the extent of the damage, take over failed Banks, recapitalize them, and later sell them back to investors.
相比而言,更好的方法是放任资产价格下跌,令其损失的程度充分暴露,接管倒闭的银行,对其进行重组,最后出售给投资者。
These commitments were essential to arresting the free fall in global economic activity and averting much greater damage to the livelihoods of hundreds of millions of people around the world.
这些承诺对于遏制全球经济活动的急剧下滑,避免全世界亿万人民的生计受到更大的损害,都是不可或缺的。
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