[EMAIL PROTECTED] wrote:
On 13 May 2002 at 18:27, R. A. Hettinga wrote:
Right, though I'm sure you're wishing it wasn't. Again, crime,
illegal markets if you will are piddly bits of pocket fluff in the
global economy. $4 trillion worth of foreign exchange alone happened
today.
How could
On Tuesday, May 14, 2002, at 08:10 AM, [EMAIL PROTECTED] wrote:
On 13 May 2002 at 18:27, R. A. Hettinga wrote:
Right, though I'm sure you're wishing it wasn't. Again, crime,
illegal markets if you will are piddly bits of pocket fluff in the
global economy. $4 trillion worth of foreign
[EMAIL PROTECTED] wrote:
How could this possibly be true? :ast I checked, GDP for the US
was about 10 trillion bucks a year, the combined GDP of
every nation on earth per year can't be more than 100 trillion,
most of which doesn't involve anything crosiing a border,
so how can there
, if the world worked that way stock price
graphs would look like smooth slowly varying curves instead
of spikey hairy monsters.
But still, trillions a day? it just seems incredible to me that
there should be that many transactions.
Think arbitrage. Allegedly only 2% of foreign exchange