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When sources of funding are exhausted, the bubble bursts and prices decline precipitously. This is commonly described as an "asset bubble". This renders diversification inefficacious. As long as considerations of "expected liquidity" do not constitute an explicit part of income-based models, the market will render them increasingly irrelevant. Immortality and Mortality in the Economic Sciences
These are supposed to offset trading liquidity, issuer insolvency, and market volatility risks. The reallocation and transfer of risk are booming industries. Governments, capital markets, banks, and insurance companies have all entered the fray with ever-evolving financial instruments. Pundits praise the virtues of the commodification and trading of risk.
She's been in bed over two hours. I'd like to know " She paused here because her glance at the bed met the dark liquidity of eyes wide open. She got up and walked across the room. "You are awake!" she said. "You look as if you hadn't been asleep at all. You're to get up and have your frock put on. The Lady Downstairs wants you in the drawing-room."
In another paper, with Paul Davidson of the University of Tennessee, the authors went as far as suggesting that America's interminable deficit maintains the liquidity of the international trading system. A reduction in the deficit, by this logic, would lead to a global liquidity crunch. Others cling to a mirror image of this argument.
Lava varies very much in liquidity and in the rate at which it flows. This much depends, however, upon the slope it has to traverse. A lava stream at Vesuvius ran three miles in four minutes, but took three hours to flow the next three miles, while a stream from Mauna Loa ran eighteen miles in two hours.
Of course the crag and the crooked hands and the azure world must be granted the composer, but general exaltation and loneliness are expressed in the severe melody of the opening. The wrinkling and crawling of the sea far below are splendidly achieved in the soft, shimmering liquidity of the music.
Arriving at the edge, Stuart stepped on the lake with the utmost precaution, for he had read that the lake was both warm and liquid. Both were true. But the warmth was only slight, and the liquidity was so dense that, when a piece of pitch was taken out, it took several hours for the slow-moving mass to fill up the hole.
Anything intense or prodigal in nature, any splendidly fluent outpouring of the elements, the fierce life of streaming fire, water in gliding or tumultuous masses, the vivid gold of crocus and daffodil spouting up through the earth in spring, the exquisite liquidity of a bird singing, these, as with all elemental poetic natures, gave her the same keen joy which we fable for those who, in the intense morning of the world, first heard them; fable, indeed, for why should we suppose that because ears deaf a thousand years heard the nightingale too, it should therefore be less new for those who to-night hear it for the first time?
"'Bhishma said, "Do thou, O son, O sinless one, listen once more, with feelings of great pride, to the words that fell from the lips of the Island-born Rishi on the subject of the enumeration of the entities. The properties of water are coolness, taste, moisture, liquidity, softness, agreeableness, tongue, fluidity, capacity to be congealed, and power to melt many earthly products.
Depositors charge banks and lenders charge borrowers interest, partly to compensate for the hazards of lending such as the default risk. Shareholders expect above "normal" that is, risk-free returns on their investments in stocks. These are supposed to offset trading liquidity, issuer insolvency, and market volatility risks.
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