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:
“A poet must be a psychologist, but a secret one: he should know and feel the roots of phenomena but present only the phenomena themselves—in full bloom or as they fade away.”
—Ivan Sergeevich Turgenev (1818–1883)
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