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This is something to be concerned with, it ruins the global economy and might even lead some nations to an economic collapse. $300 trillion USD stolen in this w
by orionblastar 14y ago
This is something to be concerned with, it ruins the global economy and might even lead some nations to an economic collapse. $300 trillion USD stolen in this way really hurts. The money could have been used for good and helping people instead of making the wealthy even more wealthy.
- meric 14y agoIt's only a small fraction of $300 trillion USD stolen. $300T of contracts and loans were affected but the banks were only skimming a small part of the loans. $300T would be 30 times US's total production output for a year, or over 4 times total production of output for the entire world. Basically that means 4 times anyone has ever made over the past year. No way banks can steal that much.