"There are enormous amounts of private capital available across Europe," he said.
The purpose of the stock market has always been to direct available capital to productive uses.
We have all this capital available to buy some companies, with prices obviously being lower.
That means a store has less capital available for buying more cassettes.
A lack of available capital and finance is common in developing countries.
There was a limit to the amount of capital available for investment.
"You'll see far more foreign capital available for investment in our infrastructure," he said.
Some percentage of those companies will continue to be rescued by available capital.
Whether the amount of available capital will keep growing is a different question.
At the same time, there were pressing reasons to travel north, our lack of available capital being one.