TED - Economics and Finance

Economics and Finance

  • TED spread, the yield spread between U.S. Treasuries and Eurodollar
  • Total External Debt, that part of the total debt in a country that is owed to creditors outside the country

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Famous quotes containing the words economics and, economics and/or finance:

    The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
    James Thurber (1894–1961)

    The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races.... The economics of this musical esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.
    George Steiner (b. 1929)

    Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.
    Vladimir Ilyich Lenin (1870–1924)