In June debt was abundant and there was every reason to expect equity would soon be as well.
The lower debt and abundant cash mean that some of the larger developing countries are burdened with fewer financial and economic problems than more mature ones.
The debt supply was abundant back in 2005, when Renaud Laplanche dreamed up Lending Club, now one of the best known of a batch of companies that have added Web-enabled "peer to peer" lending to the ways that individuals can borrow money.
It helps that debt is cheap and abundant, as it can be if you borrow against secure consumer-industry cash flows.
Sometimes if those lime resellers had abundant cash, they would clear the debt once in a while.
And most people stopped worrying about ever paying the debt back, since the abundant liquidity in our system made it seem that debt could always be rolled over and refinanced.
It meant that equity capital became abundant, and the discipline of LBOs and debt disappeared.
Abundant liquidity in the world economy has made debt easier to manage.Unfortunately, sunnier conditions have also dulled the appetite for unpopular reforms.
But MacGregor argued that Poyais was so abundant in natural resources that export-tax revenue would easily cover the interest payments on the debt.
