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Now, he said, vital streams of credit have been clogged, not just for big investors but also for families wanting to buy houses and cars and pay for tuition.
Indeed, before we entered the mad world of endless streams of credit, spending on refrigerators, washing machines and the like was regarded in effect as capital expenditure, and there was a system known as "hire purchase", under which many consumer goods were paid for over several years.
Examples range from credit card fraud detection systems, which analyze massive streams of credit card transactions to identify suspicious patterns, to environmental monitoring applications that continuously analyze sensor data, to click stream analysis of Web sites that identify frequent patterns of interactions.
Wasn't the bailout supposed to get those streams of credit flowing again?
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Five years on, O'Donnell has joined a stream of credit crunch debtors crossing the Irish Sea – or the Northern Irish border – to go bust in the UK, which is a far friendlier place for those drowning in debt.
The problem, which led Japan to take the rare step Tuesday of tapping its foreign currency reserves to help, is a result of banks curbing the once-easy stream of credit that had helped nurture a boom in global trade.
A prolonged recession has turned a stream of credit card delinquencies into a torrent, and caused mortgage defaults to surge, pushing the bank to a $1 billion loss in the third quarter after robust profits in the first half of the year.
But as more customers use plastic to pay for even small purchases like these, she has watched a growing share of her revenue vanish in a stream of credit and debit card fees that retailers say raise the price of goods and sharply lift the cost of doing business.
Once a steady stream of credit card numbers come in, the hackers will sell the data — often on the dark web, making it easier to hide their activities from the law.
Samantha, a sturdy, petite woman with curly blond hair, gives Tommy a thumbs-up, and then there's the quick stream of credits.
This is where the manyfold revenue streams of Facebook Credits become apparent, and they all have in common this observation: if you give Facebook users a few free Credits with the block of Credits they buy (at Target, online, and soon anywhere), they will spend all of those Credits and then want to purchase more.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com