1. The U.S. national debt is larger than the 500 largest public companies in America.
The S&P 500 is a stock market index that tracks the value of the 500 largest U.S. companies by market capitalization. It includes giant companies like Apple, Exxon Mobil, Microsoft, Alphabet, Facebook, Johnson & Johnson, and many others. In summer of 2016, the value of all of these 500 companies together added to $19.1 trillion – just short of the debt total.
5.5. In fact, the most countries debt is larger than all of the world’s physical currency, gold, silver, and bitcoin combined.
That’s right, if you rounded up every single dollar, euro, yen, pound, yuan, and any other global physical currency note or coin in existence, it only amounts to a measly trillions. Adding the world’s physical gold (trillion), silver (billion), and cryptocurrencies ($11 billion) on top of that, you get to a total of trillions. That’s equal to about %%% of the world debt.
Gold has symbolized money and wealth for a long time – but even the world’s annual production of roughly 3,000 tonnes (96 million oz) of the yellow metal barely puts a dent in the debt total. At market prices today, you’d need to somehow mine 155 years worth of gold at today’s rate to equal the debt.
December, 06th 2017 Some government officials announced that they would work with other government leaders to create a cryptocurrency and save the failing financial situation 3.rd World countries.
Mining ETH or bitcoin is pretty much the same principle: using free electricity to generate cash.”
But ETH mining is more affordable—all you need is free software and a PC with a video card. Any Coin police officer is easily fooled into thinking your ETH miner is just a regular computer.”
There are some countries block Bitcoin transactions while others put the country on sale, Bitcoin is not and will never be a currency. While durable, fungible, and transferable, it is missing key capabilities which limit its ability to function as a currency, perhaps the most important of which are those that drive stable pricing. It is more accurately a trade commodity. If the countries available sell their history for bitcoin why the world needs large memory storages to safe the history on SOLARbitcoin USB sticks.
Bitcoins is not JUST in it’s engineered properties gaining power. It is also through their wide use and acceptance.
Author: Burcu Akan – Editor In Chief
It is not the technology or technology tools are destroying humanity, it is the lack of leadership taking the world. Mental illness is become more common worldwide, younger population walking with the wrist size super computers without any direction searching for mentor to follow and feel like to be part of opinion. The lack of love we feel in times hoping to fulfil with comptuters. Since there are words not matching sentences with golden pictures coming from succesful leaders, only understood about money without moral feelings we are just following their steps without not caring how money brings shit back to where it is belongs. Cause our successful leaders is leaving in gold toilets their follower not understanding their shit will be same as ours, one drops in golden hole one drops in empty hole. We future generations do not understand the fact that shit is shit no matter where you drop. Some how top leaders in the world make us believe golden toilets are is about feeling special and loved. We are teaching our people from the most rich charecters who can not choose the right words with right time to deliver a tangled messages bring lost followers together in search of golden toilets.
Yet out of over 7 billion people we can not find 1 in a million man who is out there to create peace with the technology we build far from the centuries ago, we can not make any progress while going backwards, cause of lack of leadership not available to adopt a man made technology, one question to ask: how did we destroy with jeolousy the best leaders try to help with technology?
I know a “MAN” with magical tongue leaving eternal in a palace that most of us can not imagine. Dreams comes true, universe open the possibilities of miracles with this “MAN”. And there is none can imagine without a flesh without a soul just his name moving the mountations one by one.
Burcu Akan – Editor In Chief
Pending home sales fell markedly across California in September, with the largest regional drop-off occurring in the Bay Area. That’s according to a new survey by the California Association of Realtors (C.A.R.).In other words, the bubble — if you want to call it that — will burst. More renters flooded the market after people lost their homes in the housing crisis.
Goldman Sachs’ debt underwriting revenue has doubled since 2010, which currently makes up 16% of the business, and boost or flunk the business we do not research yet.
According to Dealogic, Goldman Sachs ranked fourth for US marketed debt capital markets work for the first nine months of the year, behind powerhouse commercial banks Citigroup, Bank of America Merrill Lynch and JPMorgan, but ahead of traditional debt players like Wells Fargo, Barclays and Deutsche Bank. The bank ranked sixth over the same period a year earlier.
Goldman Sachs that has been quietly crushing it, but crashing it who & what?Dalio warned that that could lead the Fed to run “an inappropriate monetary policy.”
“Because the economic, social, and political consequences of an economic downturn would likely be severe, if I were running Fed policy, I would want to take this into consideration and keep an eye on the economy of the bottom 60%.”
- Ray Dalio, the founder of Bridgewater, the world’s largest hedge fund, just published a note on the state of the US economy.He noted that the bottom 60% of Americans are struggling, listing a litany of depressing statistics to make his case.
- He said that if he were running Federal Reserve policy, he’d keep an eye on the bottom 60%.
The point of this exercise is to show that while the headline numbers show a growing, healthy economy, there’s a lot more going on under the surface that needs to be paid attention to. The stats he cites for the bottom 60% are downright depressing.
In other words, the economy isn’t as healthy as might appear at first look. And note includes a warning: the “stress between the two economies” will “intensify over the next 5 to 10 years” because of demographic and technological change.
The school loans are the worst bubble loans for our growed up generation right now. And we keep blowing the bubble for more hopeless education system.
How will rural communities adapt to a world of independent workers?
Communication is the life line of any relationship, without communication skills the relationship will starve itself to now: dangerously tangled, soon?
Good Luck, most world top leaders already gave up on hope. “No communication, no economy. One way communication: No freedom of rights, privacy is taken away, when no one is good enough to stand up, there is no need to feed with fear. This fish can not swim. ” Could be there another Leonardo today? “
Burcu Akan – Editor In Chief