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?
They can, that number gives them power. They can use it to buy things…
20 years is extremely optimistic.