There would need to be a fiscal union, with a treasury and a finance minister capable of intervening in national budgets, and more unified tax and pension policies.
This also implies Internet finance must be capable of handling big data, and hence can be called big data finance.
But, he said, "the sponsor's attorney went to the attorney general and said they should not take the case because the apartments are larger than regulation basketball courts and the owners are titans of finance who are fully capable of pursuing it in court".
There is an extraordinary demand for services - police, fire, welfare, education, health, etc. - without a tax base capable of financing them.
The mining industry is central to efforts to convert Afghanistan from an extremely small export country into a larger, more sophisticated economy, capable of financing itself.
While a number of people have declined public money in the past, most often wealthy candidates like Steve Forbes capable of financing their own campaigns, the system's problems have became more acute.
Abu Dhabi's oil wealth makes it more than capable of financing its grand plans, which include the Ferrari World theme park, due to open soon, a branch of the Guggenheim museum and world-class hotels with worryingly green golf courses.
In particular, emerging markets like India and Brazil have large domestic banks capable of financing deals, he said, while Brazil's currency has strengthened and both China and India are on the hunt for natural resources.
What volunteer blogger covering the local city council is going to risk his or her family's well-being to pursue a story against the wishes of some scandalous corporate entity capable of financing an entirely baseless libel lawsuit simply to silence a critic?
Catherine believed she had showed Spain that the French monarchy, far from being financially ruined and at war with its nobles, remained a glorious force to be reckoned with, capable of financing displays on a stunning scale, backed by a unified court.
