But those countries that have been virtuous over deficits will be reluctant to give leeway to the malefactors.Meanwhile, economists at the European Commission worry that, if governments cannot control state spending in present circumstances, they will face an explosion of deficit spending in decades to come, as pensions costs soar (see article).
It has been a virtuous, and profitable, circle for the big banks that thrive on this kind of easy arbitrage.
The mantra of Mr Abe and his advisers has been that a virtuous circle would come about whereby wages would rise and lift consumer spending, which in turn would boost investment by companies.
RedMonk's Stephen O'Grady makes the point that harnessing the collective talent of a community can be a big advantage and that CloudSpokes has been creating a virtuous cycle that allows businesses in need to reward developers for their efforts.
This effect, which has been termed the "virtuous cycle," represents a significant barrier for any potential entrant.
"Guilt lanes" have been phased out in many Sainsbury's, Tesco, Aldi, Lidl, M&S, Co-Op and Morrisons stores, where confectionery has been replaced with more virtuous impulse alternatives.
This suggests that Kant's considered view is that a good will is a will in which this revolution of priorities has been achieved, while a virtuous will is one with the strength to overcome obstacles to its manifestation in practice.
RECYCLING, though normally a virtuous activity, has been the essence of New York theater for far too long.
The Greens' virtuous image has been smudged by Mr Ozdemir's fall and by the revelation that another leading Green flew to Bangkok with his free miles.
Hypothetically, such virtuous cycle has been established over the coevolution process involving organic matter-microorganism and plants and deciphering different aspects of this cross-talk represent a powerful tool to change agriculture paradigm.
