Debt Levels And Flows
Debt is used to finance and pay for entreprises and business around the world. The levels of debt – how much debt is outstanding – and the flows of debt – how much the level of debt changes over time – are basic macroeconomic data, and vary between countries.
Within mainstream economics, levels and flows of public debt (government debt) are a cause of concern, while levels and flows of private debt (especially households and corporations) is not seen as being of central importance.
Read more about Debt Levels And Flows: Measuring Debt, Overall Levels, Accounting, Levels
Famous quotes containing the words debt, levels and/or flows:
“It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.”
—Andrew Jackson (1767–1845)
“Pushkin’s composition is first of all and above all a phenomenon of style, and it is from this flowered rim that I have surveyed its seep of Arcadian country, the serpentine gleam of its imported brooks, the miniature blizzards imprisoned in round crystal, and the many-hued levels of literary parody blending in the melting distance.”
—Vladimir Nabokov (1899–1977)
“Freudianism is much more nearly a religion than a science, inasmuch as the relation between analyst and patient has a great deal in common with that between priest and communicant at confessional, and such ideas as the Oedipus complex, the superego, the libido, and the id exert an effect upon the converted which is almost identical with what flows to the devout Christian from godhead, trinity, grace, and immortality.”
—Robert Nisbet (b. 1913)