How big did this market become? Here’s business correspondent Bob Moon and host Kai Ryssdal on American Public Media’s Marketplace from back in the spring.
BOB MOON: OK, I’m about to unload some numbers on you here, so I’ll speak slowly so you can follow this. The value of the entire U.S. Treasuries market: $4.5 trillion. The value of the entire mortgage market: $7 trillion. The size of the U.S. stock market: $22 trillion. OK, you ready? The size of the credit default swap market last year: $45 trillion. KAI RYSSDAL: That’s a lot of money, Bob. ^^^^^^^ What’s the total amount of money in the whole world ? This message has been scanned for malware by SurfControl plc. www.surfcontrol.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
