Quote from talknet:
Wal-Mart is worth $250 Billion and $60 Trillion = $60,000 Billions.
Now 60,000/250 = 240. So $60 Trillion = 240 Wal-Mart companies.
This means loss of $60 Trillion has shut down 240 Wal-Mart companies in the world.
Wal-Mart has 2,055,000 employees.
Now 2,055,000 x 240 = 493200000
This means 493 million jobs have been lost worldwide because of $60 Trillion loss from commodities, stocks, bonds, real estate. This is DEFINATELY beyond rescue.
by your calculation:
XOM id 300B so 60Trillion is 200 XOMs.
XOM has 80000 employees
200*80000 = 16000000
This means that 16M jobs had been lost worldwide....therefore it's not that bad...
