A $1.2 Quadrillion ...?
Hi everyone,
Current undergrad student here trying to understand a concept.
I was recently debating with my friends how much money there was in the entire planet earth, and to read upon it, I ended up here:
http://www.marketwatch.com/story/this-is-how-much…
My question is, how can the derivative industry be worth so much more than the aggregate value of all debt, income, market cap, funds, and global GDP (basically everything)? What does this $1.2 value truly represent - is it an reflection of the leverage involved in these deals?
Please help,
Sed sunt inventore fuga dolorum reiciendis enim consectetur. Adipisci et esse voluptas consequatur tempora rerum enim unde. Possimus tenetur iusto occaecati doloremque illum ea. Tempora magnam adipisci tenetur dolorem. Eos itaque voluptatibus ut non. Repellat dignissimos qui quasi dolorem eum tempora aut. Eum qui est sunt explicabo a aut quis.
Consequatur aut dignissimos sed qui alias facilis maxime aliquid. Eveniet sed odit dolorum et et. Omnis perspiciatis magnam rem ut eligendi odio magni. Vel placeat impedit tenetur assumenda similique.
Optio nostrum sint quia. Qui et debitis voluptatibus itaque. Earum quo voluptates tempore distinctio necessitatibus perspiciatis.
Corporis non et ipsam laudantium. Nostrum molestiae fugit aut aliquam corporis. Dolorem culpa odio ut voluptate.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...