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The spectre of bank runs, high funding costs, default and social unrest might not seem so scary in today's conditions: some countries are already vulnerable to these.
Second, since high funding costs for banks feed into the real economy, time is not Italy's friend in the standoff with the EU.
Despite being the recipients of some significant stabilisation grants, they also received a uniquely high funding settlement from the Arts Council after the Government's Comprehensive Spending Review in summer 1998.
"High funding costs and patchy access to markets will be key challenges for Spanish banks for some time, adding to the pressure on earnings from stricter impairment charges, higher capital requirements and a challenging operating environment," Fitch, the ratings agency, said in a note this week.
A high funding ratio makes your income stream safe.
With the Nasdaq off 60% from its high, funding from traditional sources like venture capital was out of the question.
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And run your own figures through our fund expense calculator to see how high fund charges can erode long-termperformance.
Osborne says urban areas tend to have higher funding.
Some agency officials praised the subcommittee's proposed higher funding.
They question the logic of giving physics and chemistry higher funding than biosciences.
Higher funding costs are also squeezing banks' profit margins in the more vulnerable economies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com