Financial Transaction - Present Situation

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.

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Famous quotes related to present situation:

    “No people can more exactly interpret the inmost meaning of the present situation in Ireland than the American Negro. The scheme is simple. You knock a man down and then have him arrested for assault. You kill a man and then hang the corpse.”
    —W.E.B. (William Edward Burghardt)