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:
“The salt person and blasted place
I furnish with the meat of a fable;
If the dead starve, their stomachs turn to tumble
An upright man in the antipodes
Or spray-based and rock-chested sea:
Over the past table I repeat this present grace.”
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“... the man in the violent situation reveals those qualities least dispensable in his personality, those qualities which are all he will have to take into eternity with him.”
—Flannery O’Connor (1925–1964)