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:
“The debt was the most sacred obligation incurred during the war. It was by no means the largest in amount. We do not haggle with those who lent us money. We should not with those who gave health and blood and life. If doors are opened to fraud, contrive to close them. But don’t deny the obligation, or scold at its performance.”
—Rutherford Birchard Hayes (1822–1893)
“Almsgiving tends to perpetuate poverty; aid does away with it once and for all. Almsgiving leaves a man just where he was before. Aid restores him to society as an individual worthy of all respect and not as a man with a grievance. Almsgiving is the generosity of the rich; social aid levels up social inequalities. Charity separates the rich from the poor; aid raises the needy and sets him on the same level with the rich.”
—Eva Perón (1919–1952)
“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)