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"And then, in two years, liquidity will be back".
Instead, it is assumed that liquidity will be provided by traders with fast computers.
But as growth slows, liquidity will be pumped into the economy to boost growth.
The Oliver Wyman study further assumes that the sensitivity of bond spreads to liquidity will be as it was in the depth of the financial crisis, 2007-9.
Even so, the airline's auditors have warned that the company's liquidity will be "seriously affected" by 2004 if the company does not quickly take drastic measures.
"There is a considerable risk that market liquidity will be limited," said Troy Paredes, a Republican and former law professor at Washington University in St . Louis where he was an author of the leading treatise on securities laws.
Similar(47)
The less they disagree, the less liquidity there will be.
"When the music stops, in terms of liquidity, things will be complicated," Prince said.
Read that again: "In terms of liquidity, things will be complicated".
They reflect postponed liquidity and will be monetised when circumstances require, as happened in the second half of 2007.
"Not all our liquidity measures will be needed to the same extent as in the past," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com