The Mudcat Café TM
Thread #115371   Message #2468762
Posted By: Slag
17-Oct-08 - 08:41 PM
Thread Name: BS: The Crash of '08
Subject: BS: The Crash of '08
So when the Market "Crashes" where does all that money go??? Somebody has to be making out like bandit(s)?

And as far as money goes, since the US left the world of "intrinsic value" which is to say the valuable metals backing the currency, it's only money if Uncle Sugar says it's money! What bearing does this have on the US and world markets? Is Uncle Sam's charade waering a little thin right now?

How long do we go on making believe?