Originally posted by KRISKALI777
What I ask is where is it, where has the money gone?
Money created by banks from nothing based on the value of the property they were lending to buyers at the time was where trillions of dollars were
created in the US.
The sellers then invested this money in the markets, property etc etc
When the property market crashed.. hundreds of billions if not trillions were wiped out with the devaluation of property because the value dropped so
much.. then a domino effect began with people not paying banks, banks not paying banks, banks not paying financiers etc
Then when the markets crashed, the people who pulled their stocks first kept their money while everyone else lost theirs..
This all happened in the EU as well, just not at such a large scale hence not as many bailouts needed.
So basically, the money that was based on collateral that dropped in value was never actual money.. it was interest based profit that banks borrowed
from bigger banks/central banks/private investors to loan.. hence the bottomless money pit that the US government had to borrow more fake money from
private financier based FED at interest in order to fill. The majority of this money went almost directly into the hands of the worlds financial
Also, the uber rich international financier investors & investment companies who saw it coming and pushed it over the edge by buying large amounts to
push the bubble and then pulling trillions from the markets after tripling their investments in order to cause the crash lined their pockets with the
There's obviously more to it but thats a fairly good jist of it.
Thats capitalism for ya.. you gotta love bubbles
Its been happening since the Spanish empire and even before that.
Now the ones who pulled their shares at the start can buy it all for 100th of the price.. sweet.
Who owns what? Check the Rothchild investment group clientele or a decent idea. Bastards
Everyone else who got money back is keeping it until the markets are more reliable again.. so quantitive easing takes time.