Liquidity of assets means you have either instant or quick access to the cash value, leading to a flexible economy (I think). Thus, lack of liquidity means the global markets collective shit themselves because they can't really pay for stuff 'n ting. You with me?
* the cash (monetary) value of a given asset
I didnae finish my sentence, fail etc.
All the money in the City
has been stolen by gays, paedophiles and asylum seekers.
How long have you been working on that?
(And was it worth it?)
oh, totally
G String
From the top of my dome
gonna rock-a rock-a rock-a rock-a rock-a microphone
oh, months
Don't get cocky
It's gonna get rocky
Now:
KICK PUNCH KICK
KICK UH OH PUNCH
\m/
credit crunch:
the breakfast of financiers!
^Probably my favourite post of all time
Why did you read the first line and not the second?
Lack of liquidity of assets in the world's financial markets
leading to big 'oh noes' from city traders and banks, they won't lend each other money and they're all :'( and things
or something along those lines
This is the most succint explanation of it yet
you should work for the FT
:)
Except
the phrase 'liquidity of assets' doesn't mean anything to me.
it's what happens after a metaphorical dodgy kebab
Oh fuck,
my assets have gained liquidity. Ruuuuun!
I love the FT
big time. I just try to give a précis of what they say over 2 pages in City-speak using more pragmatic, flippant language. They should give me a column.
Liquidity of assets means you have either instant or quick access to the cash value, leading to a flexible economy (I think). Thus, lack of liquidity means the global markets collective shit themselves because they can't really pay for stuff 'n ting. You with me?
* the cash (monetary) value of a given asset
I didnae finish my sentence, fail etc.
All the money in the City
has been stolen by gays, paedophiles and asylum seekers.
if you have an hour to spare
http://tinyurl.com/54jmx2
this is the best explaination of the current pickle we're all in. You'll even understand what liquidity of assets means at the end of it all.
is your user name your phone number?