Your body is like a round goblet, no mixed wine is wanting. Your waist is like a heap of wheat, set about with lilies.

Thy navel is like a round goblet, which wanteth not liquor thy belly is like an heap of wheat set about with lilies.

Its members proposed that universal banks be obliged to set up ring fenced retail banking subsidiaries with a much higher share of equity capital.

Imagine that we build an enclosure where we put it just underwater, and we fill it with wastewater and some form of microalgae that produces oil, and we make it out of some kind of flexible material that moves with waves underwater, and the system that we're going to build, of course, will use solar energy to grow the algae, and they use CO2, which is good, and they produce oxygen as they grow.

Its members proposed that universal banks be obliged to set up ring fenced retail banking subsidiaries with a much higher share of equity capital. Only the retail subsidiaries would be permitted to rely on the central bank for lender of last resort support.