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:
“You know, I often thought that the gangster and the artist are the same in the eyes of the masses. They’re admired and hero-worshipped but there is always present underlying desire to see them destroyed at the peak of their glory.”
—Stanley Kubrick (b. 1928)
“You can’t stay married in a situation where you are afraid to go to sleep in case your wife might cut your throat.”
—Mike Tyson (b. 1966)