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It helps, too, that Chile has deep capital markets and big institutional investors, in the form of private pension funds.
Without access to long-term capital, it might risk losing contracts to foreign firms with access to deep capital markets.
In each case the tests were soon followed by revelations of deep capital holes in some banks (newly nationalised Bankia among them).
Kelly was hired nine months ago to examine decisions made by the Co-op in the period leading to its discovery of a deep capital shortfall.
The deep capital stock of the economy — including fixed capital, organizational capital, and what Arnold Kling describes as "patterns of sustainable specialization and trade" — was simply unprepared for the firehose of new workers.
The best place to start is as a large country with deep capital markets and a diversified tax base ie one that is not dependent on a handful of big firms and where bank debts are mostly in domestic currency.
Similar(42)
That would put European banks at a disadvantage in the world's deepest capital markets.
"We have the widest, deepest capital markets in the world," he said.
This is Wall Street, after all — home to the largest and deepest capital markets on the planet.
He noted that banks had set aside deeper capital cushions, a sign of strength that could prevent a crisis of confidence from ensnaring the firms.
But if, as the exchange rate suggests, Europe's firms are using those wider and deeper capital markets to sell more euros and buy more dollars, then there is a fair bit of persuading still to be done.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com