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China is therefore wasting capital that could be used for other things.
And their negotiation may exhaust political capital that could be better spent on global efforts.
That exposes institutions to greater risk and ties up capital that could be better deployed elsewhere.
At the same time, he said heavy federal borrowing has also consumed capital that could otherwise go to private investment.
Tells how the present use of electricity and oil is inefficient and wastes capital that could be invested in industry.
It alone can raise the capital that could transform the economy in the kind of fundamental ways that Olson described.
Similar(14)
Lend Lease said its tax deductions exceeded its assessable income for the year, partly because it had carried forward capital losses that could be offset against capital gains.
Bottom line: All of these rail projects couldn't pass even a laugh test in the private sector, yet they will soak up capital that otherwise could be used for productive purposes.
"Petrohawk tapped practically every source of capital that it could," one of the people briefed on the transaction told DealBook.
"There is no amount of capital that banks could reasonably hold that would insulate them from a break-up of the euro zone," says one banker.
Many wealthy people learned do-it-yourself skills that allowed them to preserve capital that they could redirect toward investment opportunities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com