Most of the international transactions on this planet are not tied to any real valuable thing

Gambles serving no social purpose but affecting everyone

This is a sketchy note.

The total value of foreign exchange transactions worldwide amounted to US$ 1.5 quadrillion (1 quadrillion is 1,000 trillion) in 2010, whereas the total value of international trade was only US$ 20 trillion, or less than 1.4 percent of all foreign exchange transactions. Says Lawrence Lau, professor of economic development, emeritus, Stanford University, and chairman, CIC International (Hong Kong): “The overwhelming majority of foreign exchange transactions are thus purely speculative, in effect, pure gambles, and serve no useful social purposes.”

~ Otto Scharmer & Katrin Käufer, p.5

Ways to visualize

The hurricane of global monetary flow

The splashing waterfall affecting everyone

Additional ideas

  • the water could water could nurture mostly nothing and one plant.

References

Scharmer, O., & Käufer, K. (2013). Leading from the Emerging Future: From Ego-System to Eco-System Economies (1st ed., p. 304). Berrett-Koehler Publishers.

#visualization-idea #illustration-idea


ID MMSFinanceVisual