Sony is in big trouble right now.

[Teeqoz]

BMaker11 said:

Teeqoz said:

BMaker11 said:

None of these companyies have trillions of dollars. There's only like $60-70 trillion in all of the world (lol I remember when the RIAA tried to sue people for more money than actually existed in the world) and that includes all physical money, checking and savings accounts, CDs, stocks etc. You think MS has 10% of the world's money?

I'm gonna chalk this up to a typo. A hilariously bad typo. Because even if you take off a 0, Micorosft still doesn't have 700B and Google doesn't have 400B (although Apple does have over 100B)

At the bolded part. Either the 60-70 trillion figure is wrong, or the second part is wrong. I know this because the country Norway (in which I live) has a "hedgefund" with 1 trillion in it, and that fund owns 1% of all the world's stocks. 1*100= 100, so that's 100 trillions only in stocks in the world.

Nah.

http://gizmodo.com/5995301/how-much-money-is-there-on-earth

But that doesn't work... When the Norwegian state owns stocks for 1 trillion, and that's 1% of all stocks in the world, then that simply doesn't work out.

But hey, if it's "only" 60-70 trillion, then Norway owns one sixtieth of all the worlds money and valuables, and that's only the state owned stocks.