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the point is that there is quite a bit ($1.2 trillion) less wealth in the world today than there was yesterday. There are a lot of clueless folks who think whe
by ohhmaagawd 18y ago
the point is that there is quite a bit ($1.2 trillion) less wealth in the world today than there was yesterday. There are a lot of clueless folks who think when 1.2 tril is lost, someone else made 1.2 tril. It's possible a few people made money today, but the losses greatly outweighed any gains (short-selling, puts, etc).