For the first time in history low-income earners would accumulate real liquid capital.
The appeal of the dollar is that it is supported by the most liquid capital markets in the world.
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There are hints that he's run out of personal liquid capital, or at least choosing not to employ it anymore.
On the one hand, a combination earnings growth and liquid capital markets will depress default activity across the general leveraged loan population, keeping the rate inside the historical average of 3.4%.
In this case the factor was Liquid Capital, a chain of financiers headquartered in Toronto. (It's one of two such franchised factoring operations in North America, the other being Interface Financial Group in Irvine, Calif.) Under this arrangement, Lee Doernberg, a Liquid franchisee in Alpharetta, Ga.
Ms. HUELLE: Well, my credit line has been reduced, which is my safety net, which means now I have to be conservative going forward into the holiday season with my spending, because I now have to keep the safety net in my liquid capital account, whereas before, I could've, you know, spent a little more, got more objects in, but now I have to keep that in my account.
Hence it is vital that banks carry bigger safety buffers of capital and liquid assets.
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In a speech on March 31st, Mr King said that banks would in future have to hold more capital and liquid assets.
This rule (which went into effect near the 2007 market top and was suspended near the 2009 bottom) vastly magnified subprime mortgage weakness, effectively forcing banks into near self-perpetuating rounds of asset writedowns, putting pressure on bank balance sheets until they had to sell more liquid assets to meet capital requirements.
This works well as long as capital markets are liquid, but not when the credit tap is turned off, as happened in 1998 after Russia's sovereign-debt default.
"Orix can expand only so far, unless Japan's capital markets become more liquid, " he says.
This desire to preserve capital in the most liquid market around had a double whammy effect on commodities.
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Part of the reason is that a strong capital base and a liquid balance sheet--HSBC has one of the strongest Tier 1 ratios out of the big banks--is something the company has never parted from, Green says.
Other firms plan to ship compressed, rather than liquid, gas a less capital-intensive process that might make smaller fields profitable.
In particular, banks are remaining more liquid than regulations require to protect their remaining capital.
Balance sheets are comfortably liquid and industry shows no appetite for ambitious capital spending.
Corporate balance sheets have never been more liquid, and cash flow rests far above capital spending.
And as capital markets become more integrated and liquid, it is easier for single-country firms to raise money by selling bonds or shares.
One reason China is setting up its sovereign wealth fund now is that huge trade surpluses and a vast reserve of foreign exchange mean it simply has too much cash to absorb into its own economy, and capital controls keep it from investing in liquid assets like American T-bills.
American capital markets are far and away the most liquid and efficient in the world, despite a minuscule national savings rate and a tax policy that swerves between counterproductive and comical.
It also ended its liquid-crystal display venture with rival Samsung, while inking a new capital alliance with Japanese electronics and camera maker Olympus Corp. to strengthen its medical equipment business.
Anderson made the case that the more locally deployed capital was, the higher the return, and contrarily the more liquid it was, the lower the return.
Angels are becoming more liquid as their stock market and real estate assets recover, and institutions again have earnings to put into venture capital funds.
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