To: Rockiette
Does anyone really know where all this money has gone? Much of it never existed. It was a false prosperity based on inflated asset values that are now returning toward reality (but still aren't there yet).
18 posted on
02/08/2009 8:41:44 AM PST by
Mr. Jeeves
("One man's 'magic' is another man's engineering. 'Supernatural' is a null word." -- Robert Heinlein)
To: Mr. Jeeves
>>>Much of it never existed. It was a false prosperity based on inflated asset values <<<
But someone had to sell when those values were high, right? For example some people sold Fannie Mae (FNM) at its peak and made profits. Where did that money go?
46 posted on
02/08/2009 9:43:51 AM PST by
Kid Shelleen
(Barack the Messiah: Never in the field of US politics have so many waited so long for so little.)
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