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And, of course, it will be intensely popular with the older people with reasonable assets, the Telegraph-reading class, and the one demographic most likely to vote.
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(1) As part of its financial eligibility policies, every recipient shall establish reasonable asset ceilings for individuals and households.
Why?" My answer (which I repeat) is: a return to sound money (modest positive real interest rates, solvent banks, borrowers that pay a reasonable price for their borrowing) and reasonable asset prices (e.g. house at 3 - 3.5 times average income) as well as reasonable employment levels.
First, financial markets must be redesigned so that reasonable asset values are not dependent upon growth.
Investment and borrowing that had seemed reasonable when asset prices were soaring suddenly became millstones round the economy's neck.The parallels between America in the 1920s and the 1990s rapid technological innovation, booming investment, dizzy asset prices are uncomfortably clear.
Though, it might be reasonable to reallocate assets to a different section of your portfolio.
While they had saved a reasonable amount of assets for retirement, they didn't consider the need for long-term care and how it would impact their wealth.
Working out a reasonable price for asset sales is also difficult when markets are illiquid.
With house prices falling anew, further reducing the value of mortgage assets, how reasonable is that?
"The evidence is uncontrad icted that at the time of the Post's discontinuance there ex isted a reasonable probability that the assets of Curtis, if liqui dated, were insufficient to make such refunds after priority cred itors were paid," Mr. Buttle )said.
Its annual expenses are a reasonable 1.27% of assets compared with 1.73% for the average international fund.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com