Present Situation
In 1997, $1,300 million were exchanged every day on Foreign exchange market, about $475 billions per year.
The world financial transactions have jumped from $1,100,000 billions dollars in 2002 to $2,200,000 billions dollars in 2008 : 95% of this global amount is only used for speculation.
Read more about this topic: Financial Transaction
Famous quotes containing the words present and/or situation:
“My mind to me a kingdom is;
Such present joys therein I find
That it excels all other bliss
That earth affords or grows by kind.
Though much I want which most would have,
Yet still my mind forbids to crave.”
—Sir Edward Dyer (c. 1540–1607)
“Greater than scene ... is situation. Greater than situation is implication. Greater than all of these is a single, entire human being, who will never be confined in any frame.”
—Eudora Welty (b. 1909)