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And, in turn, the demand for securities is coming from countries such as China that are becoming richer, and people there want a place to invest their money whe
by CatDancer 18y ago
And, in turn, the demand for securities is coming from countries such as China that are becoming richer, and people there want a place to invest their money where they will get a good return.
- soundsop 18y agoThe global pool of money doubled from about $36 trillion in 2000 to $72 trillion, explaining the greater demand for "safe" investments with good returns. Numbers from "The Giant Pool of Money" episode of This American Life. Transcript: http://www.thislife.org/extras/radio/355_transcript.pdf http://www.thislife.org/extras/radio/355_transcript.pdf.