Because young people are staying at home and not marrying, the birth rate keeps falling, making the finances of Japan's pension system ever worse.
Within weeks, the credit markets collapsed, making the financing of new private equity deals nearly impossible and prompting many banks to try to wiggle out of lending agreements.
Peter Bourbeau, a co-owner of the company, said the additional four units netted another $240,000 in subsidies — at $60,000 per unit — and increased the rental income "to put us over the hump in terms of making the financing work".
The decision to carve out its rural lines gives Telmex, which has about 80 percent of Mexico's fixed lines, new ammunition in its dispute with competitors by making the finances of those lines clearer, analysts say.
Making the financing still more complex, the capital-gains tax for German companies drops to zero in January, from around 50%.
"In fact it is continuing to subsidise them but the complications are making the financing more and more expensive," he told BBC News.
Shiller politely points out that he's written some books on the subject*, before arguing that we must make the finance world work better: Finance drives modern civilisation...our best activities have to be financed.
What makes the finance industry so alluring is that it offers jobs now, at good salaries, to do work utilizing skills many physicists already possess.
And I appeal for a concerted effort to make the finance we need for climate resilience building more available.
One is to make the financing of the unions more transparent.
