Without an anterior cruciate ligament, even everyday activities can injure the smooth, shock-absorbing cartilage that caps the knee joint.
Now, I'm not saying that the loans created more jobs in the economy, but access to credit at the household level allowed people to smooth shocks that they otherwise could not smooth.
Loans allow consumers to smooth shocks across time, decreasing the value of the smoothing (across states of the world) provided by insurance.
In addition, their sovereign credit power enables governments, particularly those with larger territory and financial resilience, to spread risks spatially and smooth shocks over longer time periods (Ye et al. 2013).
Articular cartilage of the joints forms a smooth, shock-absorbing surface covering opposing subchondral bone and is essential for the normal function of the joint.
Instead of a singular triple point, in viscous flow there is a smooth three shock transition zone, where one-dimensional shock jump relations cannot be applied.
"Numerous government programs are helping slow the foreclosure process and smooth the shock to the economy; this means the eventual disposition of so-called shadow inventory will be spread out rather than absorbed in one big blow," Aaron Smith, a senior economist for Moody's Economy.com, wrote in a June 30 note.
Research has shown that it helps smooth income shocks in farm households and boosts agricultural investment and productivity.But crop insurance has failed to take off in much of the developing world.
Studies investigating the impact of microinsurance cheap policies aimed at those earning below $4 a day have shown they can smooth income shocks in vulnerable households, raise school attendance rates and improve health-care outcomes.
This news about Seif — the would-be heir who had the gall to gloat at the murder of Libyans trying to strike the diamond crown off his bald, smooth head — shocked all of us.
