Combined assets of $14.2tn are more than the GDP of every country except China and the US
Archived version: https://archive.ph/o2gaB
Combined assets of $14.2tn are more than the GDP of every country except China and the US
Archived version: https://archive.ph/o2gaB
That money will just become an arbitrary number. They’ll look back on this in about 20 years thinking what a funny thing, people thought a number on a computer screen meant something. If you can’t turn your money into something with fundamental value then what is it anyway?
20 years is extremely optimistic.