Originally posted by angeldoll
Boy, I bet it took a big truck to move all that money.
"...The internet is not something you just dump something on. It's not a truck. It's a series of tubes. And if you don't understand those tubes can be filled and if they are filled, when you put your message in, it gets in line and its going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material." -The Eloquent and Wonderful Senator Ted Stevens (R-Alaska)
This problem is enormous. The people just don't seem to care enough. Too worried about what NFL team is winning or who won another game show. Distractions have all but ruined our thought process
Originally posted by Wrabbit2000
As I'd mentioned in another thread about a financial issue....this number just so happens to closely match the value of all gold every mined in the history of mankind on Earth. Estimated at 160,000 tones. At current prices...I think this comes a little below, but not by much.
My question is real simple.... If THAT MUCH money went out..and it's impossible to get my mind around that figure in a true sense, so I wont try...but where the heck did it *GO*?! There was no freeing up of credit and loan markets to the 6+ billion consumers around the world. There aren't enough within the industry to benefit with numbers that far into the stratosphere. So.... umm.... Say what? Where? ON WHAT?
We're into numbers here that buy nations.. hell, it would buy bundles of nations outright and in cash. Yet we've so quickly becomed conditioned to this insanity the magnitude of what they've done to us doesn't even register a major fuss in the media. We're soooo doomed.
Here, some key numbers that illuminate the Federal Reserve's "breathtaking" $7.7 trillion bank bailout