Shadow Banking Assets Increase By $5 Trillion To Record $75 Trillion, 120% Of Global GDP

Shadow Banking Assets Increase By $5 Trillion To Record $75 Trillion, 120% Of Global GDP (Zerohedge, Oct 30, 2014):

We are not exactly sure which is scarier: that total financial assets amount to about 500% of world GDP or that about $75 trillion in financial leverage is just sitting there, completely unregulated and designed with one purpose in mind: to make billionaires into trillionaires (with taxpayers footing the bill of their failure).

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