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Private markets are understandably wary.
When private markets seize up, central banks step in.
We believe in private markets, humanized by compassionate government.
Unable to borrow from private markets, companies need government funding.
There is an assumption that private markets are more efficient.
Better-stocked but costlier private markets were also out of bounds.
But there is no evidence that the deficit is holding back private markets.
But forces in favor of private markets pushed for a new section to permit crowdfunding.
European banks had been finding it increasingly difficult to finance their operations from private markets.
Private markets are effectively closed, and Italy and Spain are scarcely able to afford bailouts.
Before a company goes public, stocks are bought and sold on secondary private markets.
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