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The 99 Strongest Banks in America
John Truman Wolfe
The 99 Strongest Banks in America
John Truman Wolfe
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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