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One Thing Is for Certain, the Average Borrower's Risk-Averse Behavior

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One thing is for certain, the average borrower's risk-averse behavior did not contribute to the problems that spiraled out of control and caused the recent banking crisis.


Definitions:

Sympathetic Nervous

The sympathetic nervous system is part of the autonomic nervous system that prepares the body for physical activity and response to stress, fear, or emergency by triggering the fight or flight response.

Parasympathetic Nervous

Part of the autonomic nervous system responsible for conserving energy and slowing the heart rate, often referred to as the "rest and digest" system.

Autonomic Nervous

Refers to the part of the nervous system that controls involuntary actions of the body's glands, muscles of the internal organs, and blood vessels, including the heart.

Parasympathetic Nervous

Part of the autonomic nervous system responsible for conserving energy and slowing the heart rate, enhancing digestion and relaxation.

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