I remain convinced one of the biggest problems farmers have understanding global economics (into which we have been merged) is the sheer size of the mountains of wealth in the world. As I work to get some sense of scale, there are surprises that stagger me still.
Like this:
After you try to wrap your mind around $200T, remember - this does not include real estate or other hard assets, just financial assets. And it's not some exaggerated measure of derivative leverage either.
Is it any wonder our corn market can be messed up so fast and easily by a tiny splash of liquidity from this ocean?
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