In John O' Donnell and Douwe Miedema's report, "Shadow banking hits $67 trillion globally: task force," they inform the world of how shadow banking use to cause bankrupt in most parts of the world though; now shadow banking made the U.S. $67 trillion in 2012.
"During the Crisis, heavy exposure to collapsed investment bank Lehman Brothers caused the net assets value of one fund-the Reserve Primary Fund-to drop below $1 per share l, breaking an implicit promise of a guaranteed minimum value." O' Donnell informs how the shadow banking started out as a very bad investment, losing $1 per share though; now claiming the "FSB said shadow banking around the world more than doubled to $62 trillion in the five years to 2007, and had grown to $67 trilllion in 2011 - more than the total economic output of all the countries in the study." Shadow banking had doubled in five years, and had gained five more trillion in four years. Seems to be a good deal to me!
The article also mentions that "America had the largest shadow banking system with assets of $23 trillion in 2011, followed by the euro area with $22 trillion and the United Kingdom at $9 trillion." Had is a former word, signaling America use to be the top shadow banking system though; now America holds bottom?
Worldly, everyone can learn to invest, if they plan on investing, in a sytsem that will decively gain them money, and to learn enough about that system to know if is reliable.
"During the Crisis, heavy exposure to collapsed investment bank Lehman Brothers caused the net assets value of one fund-the Reserve Primary Fund-to drop below $1 per share l, breaking an implicit promise of a guaranteed minimum value." O' Donnell informs how the shadow banking started out as a very bad investment, losing $1 per share though; now claiming the "FSB said shadow banking around the world more than doubled to $62 trillion in the five years to 2007, and had grown to $67 trilllion in 2011 - more than the total economic output of all the countries in the study." Shadow banking had doubled in five years, and had gained five more trillion in four years. Seems to be a good deal to me!
The article also mentions that "America had the largest shadow banking system with assets of $23 trillion in 2011, followed by the euro area with $22 trillion and the United Kingdom at $9 trillion." Had is a former word, signaling America use to be the top shadow banking system though; now America holds bottom?
Worldly, everyone can learn to invest, if they plan on investing, in a sytsem that will decively gain them money, and to learn enough about that system to know if is reliable.
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