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The above-mentioned forces mutually reinforce each other during a liquidity crisis.

Market participants in need of cash find it hard to locate potential trading partners to sell their assets.

There are also a number of scams that call themselves "self-liquidating loans".Additionally, some economists define a market to be liquid if it can absorb "liquidity trades" (sale of securities by investors to meet sudden needs for cash) without large changes in price.This shortage of liquidity could reflect a fall in asset prices below their long run fundamental price, deterioration in external financing conditions, reduction in the number of market participants, or simply difficulty in trading assets.Closed-end funds are actively managed mutual funds that have a fixed number of shares, unlike open-end funds that issue as many new shares as there are buyers for them.Closed-end funds trade on a stock exchange, often at a lower price than...

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  1. The Jenni Cam website coincided with a rise in surveillance as a feature of popular culture, exemplified by the 1998 film The Truman Show and reality television programs such as Big Brother, and as a feature of contemporary art and new media art.