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:
“Whenever a mind is simple and receives an old wisdom, old things pass away,—means, teachers, texts, temples fall; it lives now, and absorbs past and future into present hour. All things are made sacred by relation to it,—one as much as another.”
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