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/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)

    “There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.”
    —Jimmy Carter (James Earl Carter, Jr.)