2 ms·
Oh so it's not World's wealth but worlds private wealth. Why not to misrepresent it - remaining 99% is a good target market to get some readership for this tras
by michalu 13y ago
Oh so it's not World's wealth but worlds private wealth. Why not to misrepresent it - remaining 99% is a good target market to get some readership for this trash.
The face value of financial derivatives market if 6 times higher ($791 trillion) than the world's private wealth. Bond market and stockmarket are of a similar value to private wealth. Who owns majority of those? Governments, pension funds, insurance firms...