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The Europeans are more reliant on flighty wholesale funding.
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Many are concluding that although the biggest of them had a fairly good financial crisis (mainly because of their limited exposures to dodgy American subprime assets) they may yet have a poorer euro crisis because of two vulnerabilities.First, French banks are particularly reliant on potentially flighty short-term wholesale funding, rather than on stickier deposits or long-term debt.
It has done so largely by reducing a bloated balance-sheet and cutting its reliance on flighty wholesale funding.
It is far too reliant on one market, China.
Six people live there, all reliant on one vehicle.
England are so reliant on one man.
The game can never be reliant on one person".
But because it did not rely on flighty capital markets for funds, it has weathered the downturn better.
"Midwives are reliant on unsocial hours payments.
People are very reliant on advertising.
Too reliant on their children for income?
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