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It's critical to regard relationships as long-term assets.
Despite a bundle of barriers, India offers a few long-term assets to digital denizens.
Before the crisis, they financed a lot of long-term assets such as infrastructure.
Rules that punish the holding of long-term assets are one place to start.
Securitisation offers exposure to long-term assets that would otherwise be out of reach.
"It's Banking 101 — you don't take long-term assets and fund them with short-term debt".
The nature of banking is the combination of short-term funding (deposits) and long-term assets (loans to business).
First, system-wide measures of borrowing and "maturity mismatch", where banks use short-term funding to buy long-term assets.
Banks take in short-term liabilities such as deposits and turn them into long-term assets such as mortgages.
For example, in 2008 approximately £3 trillion of long-term assets were held by UK pension funds and insurance companies.
Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com