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The 99 Strongest Banks in America
The 99 Strongest Banks in America
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Banking-in the U.S. and globally-has devolved into a colossal Vegas-like casino and bankers have become the ultimate "whale" gamblers. The global banking system today has an estimated $1.2 quadrillion dollars in a kind of monetary heroin called derivatives.* The figure is mind-numbing, but just to give you a sense of the size of this madness, here it is with the appropriate number of zeroes (15): $1,200,000,000,000,000. Or, it may be more entertaining if you think of it this way: If you had a j…
  • Leidėjas:
  • ISBN-10: 138742372X
  • ISBN-13: 9781387423729
  • Formatas: 15.2 x 22.9 x 0.5 cm, minkšti viršeliai
  • Kalba: Anglų

The 99 Strongest Banks in America (el. knyga) (skaityta knyga) | knygos.lt

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Banking-in the U.S. and globally-has devolved into a colossal Vegas-like casino and bankers have become the ultimate "whale" gamblers. The global banking system today has an estimated $1.2 quadrillion dollars in a kind of monetary heroin called derivatives.* The figure is mind-numbing, but just to give you a sense of the size of this madness, here it is with the appropriate number of zeroes (15): $1,200,000,000,000,000. Or, it may be more entertaining if you think of it this way: If you had a job that paid you $1,000 per second, it would take more than 31 years for you to earn $1 trillion. A quadrillion is 1,000 trillion. It's a big number. And I repeat, there are now $1.2 quadrillion dollars in derivatives held by financial institutions in the U.S. and abroad.

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  • Autorius: John Truman Wolfe
  • Leidėjas:
  • ISBN-10: 138742372X
  • ISBN-13: 9781387423729
  • Formatas: 15.2 x 22.9 x 0.5 cm, minkšti viršeliai
  • Kalba: Anglų

Banking-in the U.S. and globally-has devolved into a colossal Vegas-like casino and bankers have become the ultimate "whale" gamblers. The global banking system today has an estimated $1.2 quadrillion dollars in a kind of monetary heroin called derivatives.* The figure is mind-numbing, but just to give you a sense of the size of this madness, here it is with the appropriate number of zeroes (15): $1,200,000,000,000,000. Or, it may be more entertaining if you think of it this way: If you had a job that paid you $1,000 per second, it would take more than 31 years for you to earn $1 trillion. A quadrillion is 1,000 trillion. It's a big number. And I repeat, there are now $1.2 quadrillion dollars in derivatives held by financial institutions in the U.S. and abroad.

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