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Nervous about the possibility of an unmanaged bankruptcy – which could have tanked the bond rating and borrowing ability of the entire state – Snyder appointed bankruptcy lawyer Kevyn Orr as Detroit's "emergency manager" in March.
Then there are the countries that still have the cash or borrowing ability to push for more growth, like the United States, Germany and China, which happen to be three of the world's biggest economies.
Even these forms of assurance represent a significant burden in that they reduce the credit rating and borrowing ability of the company (Miller 2005).
Boehner has sought to reassure the public and financial markets that Republicans have no interest in either a partial government shutdown when the budget year ends or a first-ever default on a broader set of U.S. obligations when the government runs out of borrowing ability by mid- to late October.
No other level of government has the borrowing ability, the monetary policy tool-chest, or the confidence of global markets behind it, to keep the fragile economy buoyant.
The BBC has only the most limited borrowing ability and was in danger of running out of money, a process that could begin accelerating if more viewers began exploiting "the loophole".
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The time for real concern on the country's borrowing abilities might well be later next year.
The Hausman tests indicate that nuclear households are again more able to borrow money for health care than the extended ones when paying informally for outpatient care (and thus confirming their higher borrowing abilities).
Since debts are always nominal (in the sense that borrowers must pay back the nominal amount that they borrowed), the ability of firms to service their loans rises only with nominal increases in profit, not with deflation-adjusted increases.
And it appears that archaea acquired chemotactic abilities by borrowing those genes from bacteria.
With a new stock like Palm, however, it can be difficult to find shares to borrow, limiting the ability to sell them short.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com