NEWS Mario Draghi, the president of the European Central Bank, gave a guardedly upbeat assessment of the state of the euro zone on Thursday, saying that troubled countries had made "significant progress" remaking their economies and that the banking system was healthier.
PARIS — The president of the European Central Bank gave a guardedly upbeat assessment of the state of the euro zone on Thursday, saying that troubled countries had made "significant progress" remaking their economies and that the banking system was healthier.
The system is healthy again.
New York City's transit system is healthy, up and running.
More banks will probably have to undergo a similar process before the system is healthy again.
The financial system is healthy, and, Mr. Buiter pointed out, the boom and bust in asset markets was far smaller in the United States than in Japan.
George Osborne's message was drawn from the same script as that of Bank of England governor Mark Carney last Friday – the fundamentals of the UK economy are sound and the financial system is healthy.
Stricter requirements would "properly align incentives for megabanks by lessening government support for the financial sector, and reassure financial markets that the U.S. financial system is healthy," the lawmakers write.
Simon Johnson, a professor at the Sloan School of Management at M.I.T., and a well-known blogger on banking issues, says he believes that it will take $1 trillion to really do the trick — money, presumably, the government will get back once the banking system is healthy again, and private capital comes in to replace the government's capital.
Availability is the probability that the system is healthy at a random (uniformly selected) instant of time within the mission time (MT) interval.
