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The TED Spread

Forget following the plunging Dow Index -- it's the Ted Spread that really matters.

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Even scarier than the nastily named VIX, the Ted is a measure of credit risk. The higher the number, the more screwed the economy is, and it's on the rise.

I mostly like old, unpopular things, like from 2002. I'm also 102 years old.

Contact Scott Lamb at scott@buzzfeed.com.

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