The 99 Strongest Banks in America - John Truman Wolfe - Books - Createspace Independent Publishing Platf - 9781985758445 - December 23, 2017
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The 99 Strongest Banks in America

John Truman Wolfe

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The 99 Strongest Banks in America

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.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released December 23, 2017
ISBN13 9781985758445
Publishers Createspace Independent Publishing Platf
Pages 76
Dimensions 216 × 280 × 4 mm   ·   199 g
Language English  

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