May I have a word about… economics? | Jonathan Bouquet
by Jonathan Bouquet from on (#3T5QZ)
The language of business and finance used to be easy. Now it's all derivatives, FDI balances and 'summing to zero'
I think it is just as well for the City and the world of high finance that I lost all interest in matters fiscal after completing an A-level in economics.
Supply and demand, the multiplier effect, macro and micro economics, bull and bear markets. Basically understood. Fast forward from long ago last century to the present day" bond yields, derivatives, interim permissions, net FDI balances. Nope, not a clue.
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