The Statutory Liquidity Ratio (SLR) provided the banking system with a credit risk-free buffer, an instrument that is coming back into global consideration in the form of enhanced norms for fully liquid assets to be held by banks.
In particular, America’s discount retailers have responded by learning to profit as intermediaries between consumers and low-cost producers, whether located in Guangdong province in China or Peoria, Illinois. Retailers who do not choose their suppliers with price and quality uppermost in mind risk finding themselves in liquidation.