The 99 Strongest Banks in America

The 99 Strongest Banks in America image
ISBN-10:

138742372X

ISBN-13:

9781387423729

Released: Dec 06, 2017
Publisher: lulu.com
Format: Paperback, 74 pages
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Description:

Banking--in the U.S. and globally--has devolved into a colossal Vegas-like casino and bankers have become the ultimate "whale" gamblers.The global banking system today has an estimated $1.2 quadrillion dollars in a kind of monetary heroin called derivatives.*The figure is mind-numbing, but just to give you a sense of the size of this madness, here it is with the appropriate number of zeroes (15): $1,200,000,000,000,000.Or, it may be more entertaining if you think of it this way: If you had a job that paid you $1,000 per second, it would take more than 31 years for you to earn $1 trillion.A quadrillion is 1,000 trillion.It's a big number. And I repeat, there are now $1.2 quadrillion dollars in derivatives held by financial institutions in the U.S. and abroad.












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