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The country's growth has been fuelled by banks sucking up plentiful household savings and pumping them into not-always-deserving industry, including big, state-owned borrowers.There are costs to this approach.
Scale is everything in mining and their close relationship (Xstrata was created in a spin-off of Glencore's coal mines in 2002) should make integration straightforward and cost savings plentiful by marketing all of Xstrata's output through Glencore.It was odd, too, that the Qataris should take such a hard line and risk the deal foundering.
Its focus is on increasing loans in markets where savings are plentiful, especially to consumers and smaller firms.
This money wasn't really needed by these countries, which already had high savings rates and plentiful sources of capital, and a great deal of the foreign capital was misused.
And low pay has had a surprising knock-on effect: when labour is cheap and plentiful, there seems little point in investing in labour-saving (and productivity-enhancing) technologies.
It is too plentiful for small economies to spend, and has therefore added to the glut of global saving that is in part responsible for the financial excesses of recent years.
Plentiful parking.
Sand is also plentiful.
Dubai offers plentiful excursions.
Shopping is plentiful.
Cheap finance was plentiful.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com