It's another long shot, but Paul Jacobs is undaunted by skepticism about the huge capital drain.
After all, his party has long asserted that deficits drain capital from the economy that would better be put to use by the private sector.
Nevertheless, now that Chemapol has drifted into trouble, they are a distraction and a drain on capital and cash flow.
So what we are seeing now is no exploration as there is no incentive to bring new wells into production and the act of even exploring acts as a drain on capital from the companies.
This partially offsets the mark-to-market drain on regulatory capital and helps hold the financial system together.
The mistake here was simple: President Bush never put forward a single, comprehensive plan to transform Social Security from a generational-conflict-fostering economic drain to a capital-generating, wealth-creating, economic-illiteracy-reducing, better-benefits-for-all mechanism.
She said the nationalisation would protect retirement funds from the global financial crisis, but analysts said the move would drain company access to private capital.
At 25% of net assets, these write downs reflect a quarter down the drain for every dollar of investor capital.
The worst thing about capital flight and gold purchases is that they drain liquidity out of the Chinese economy just when it is needed most.
FORBES: Why Are the Chinese Buying Record Quantities of Gold?
Instead of having a pension system that's a fiscal drain, we would have one that's a capital creator.
For corporations, less consumer spending means retrenchment, layoffs and diminished capital spending, which further diminishes business activity and puts more of a drain on consumer spending...and the downward cycle feeds on itself.
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