Global Financial Crisis: So Where Did the Money Go?

Discussion in 'General Chat' started by Bohol, Oct 21, 2008.

  1. #1
    Have you ever wondered as to where the money went to? If the global financial crisis is real, does it mean the world has run out of money supply? If all nations are suffering from financial crisis, who is benefiting from the crisis?
     
    Bohol, Oct 21, 2008 IP
  2. NathanCH

    NathanCH Well-Known Member

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    #2
    The money didn't go anywhere. Governments are just printing more and more money making the currencies worth less. As for the stock markets, the money went back to the people who invested in stocks.
     
    NathanCH, Oct 22, 2008 IP
  3. warley

    warley Peon

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    #3
    There will have been some winners no doubt there always is and there will be a lot of money made from the property slump in the not too distant future that is when the media moves on and finds something else to talk about.
     
    warley, Oct 22, 2008 IP
  4. milamber

    milamber Banned

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    #4
    I think the money didn't just gone blew by the wind.. Its just going round and round.. America will be back on the old america soon (im talking about the wealthy america)
     
    milamber, Oct 22, 2008 IP
  5. p0ck3taces

    p0ck3taces Active Member

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    #5
    most currency or value is not in printed dollar bills. It's in things that are thought to hold the weight of XXX dollar bills. When people pull their money out of the banks and out of stock markets, then economy drops. A thousand dollars in my pocket is not as much as a thousand dollars in the bank. Because a thousand dollars in the bank can be lent out to people which makes it more than a thousand dollars or it can be invested.
     
    p0ck3taces, Oct 22, 2008 IP
  6. sachin410

    sachin410 Illustrious Member

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    #6
    the money was spent...

    borrowers took loans that they aren't going to pay back.

    lenders will now be writing off these loans for the next 3-5 years..:D.
     
    sachin410, Oct 22, 2008 IP
  7. KASHIF AZEEM

    KASHIF AZEEM Banned

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    #7
    The money didn't go anywhere.
     
    KASHIF AZEEM, Oct 22, 2008 IP
  8. gwydion

    gwydion Peon

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    #8
    Money isn't real anyway, it's just a con trick. The con is making you believe something is worth X amount, once you lose confidence that X is worth what people tell you it is then the worth is devalued and the money you thought it was worth evaporated. Only as long as people believe in the value of tradable items do they have any worth. Every now and then people lose confidence and we have a major crash as we did now.
     
    gwydion, Oct 22, 2008 IP
  9. sfraise

    sfraise Peon

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    #9
    It all went to Google, every penny of it, rotten bastards.
     
    sfraise, Oct 22, 2008 IP
  10. dmi

    dmi Well-Known Member

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    #10
    Oooh, oooh, oooh, it's a crazy world. Just like the song says.
     
    dmi, Oct 22, 2008 IP
  11. hellraiser

    hellraiser Active Member

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    #11
    the money hasn't gone anywhere.. just look at the inflation rate.. and look at the changes that have been brought around you in the past few years.. why did the prices of land go so high? its all because the value of money has decreased, so no one is gaining. everyone is at the losing end..
     
    hellraiser, Oct 22, 2008 IP
  12. farhajr

    farhajr Well-Known Member

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    #12
    I een heard that property values are decreasing in America and I guess now it has even been more in Pakistan!
     
    farhajr, Oct 30, 2008 IP
  13. classic

    classic Peon

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    #13
    Why did this happen to all world is that every country is financially connected to US, so crisis in US will get to all counties in few months , what is happening now is just a beginning and IMHO biggest reasons is
    1. IRAQ + AFGHANISTAN cost
    Per Month - $12.3 billion
    Per Week - $2.9 billion
    Per Day - $410 million

    2. China is growing financially so fast that US needs some way to stop that so making US people work like China people is one way, degrading the value of cost/per hour in US , than US can have competitive prices for export goods and rising exports to other countries (look how US dollar is going up even though there is crisis in US http://www.x-rates.com/d/EUR/USD/graph120.html )
     
    classic, Oct 30, 2008 IP
  14. it career

    it career Notable Member

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    #14
    It went to builders who sold houses , apartments with 5000% profit , they must have taken that amount to swiss bank.
     
    it career, Oct 30, 2008 IP
  15. gsv13

    gsv13 Well-Known Member

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    #15
    Yh blame everything to Big G :D
     
    gsv13, Oct 30, 2008 IP
  16. maverick123

    maverick123 Peon

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    #16
    Rich people are being bailed out........see this is where the money is actually going:mad:.......poorer never get a bail out like this :(
     
    maverick123, Oct 30, 2008 IP
  17. Teodor

    Teodor Banned

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    #17
    Good thought! Thanks for sharing it with us!
     
    Teodor, Oct 30, 2008 IP
  18. lycos

    lycos Well-Known Member

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    #18
    Probably the money ended up with a group of underground traders or a speculators who can determine the direction of the market and won't reveal themselves.
     
    lycos, Oct 30, 2008 IP