As a result, the Series A Crunch is nothing more than excessive demand for a limited supply of Series A financings.
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This move, if adopted, would perpetuate the excessive demand, as students realize they can borrow a lot now and repay only a little later on.
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Later, a manager at the company that runs the cash points pointed out that indoor machines worked as normal throughout and insisted that the breakdown was neither linked to the introduction of the euro nor to excessive demand.
Step two plagues hobbyists and lifestyle businesses, as they often try to minimize their profits out of lack of experience, or in some cases demand excessive profit and lose the customers from Step 1.
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It is hard to say in advance how much demand is excessive, if you are unsure what the sustainable level of output is.
The projects were approved based on demand forecasts that have now proven excessive.
Interest rates can be lowered to zero and money can be printed ad nauseum, but if excessive debt within the system is restraining private demand, the decline in the velocity of money will offset the benefit of the additional supply of dollars.
Furthermore, worries about property bubbles and excessive credit expansion present short-term headwinds to Chinese demand.
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Finally, and perhaps most important of all, Germany has dropped its demand that in any future bailouts of governments with excessive debts, there should be losses imposed on private-sector creditors - which more than anything else explains why holders of Italian bonds are feeling a little less anxious this evening.
In this way, America's excessive debt burden is likely to drag down the economy, either by restraining demand for several years, or even by triggering a double-dip recession.
"To get the world economy on a stable growth path again, it is necessary to correct excessive consumption in the United States, as well as global imbalance coming from insufficient domestic demand of various countries, especially those with trade surpluses, " Aso said.
High consumer demand in Brazil, coupled with what the International Monetary Fund said this weekend was excessive loan growth, has prices for real estate and other goods and services on the rise.
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Two schools: One is saying that the spike is the result of excessive speculation while the other holds the more traditional position that the increase is a function of supply and demand.
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Consumers, for so long the mainstay of demand, are pulling in their horns and need to save more in order to restore finances debilitated by excessive borrowing.
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