> How can everything go down at once, doesn't the money have to go somewhere? How can everything go up at once, doesn't the money have to come from somewhere?

> How can everything go down at once, doesn't the money have to go somewhere? How can everything go up at once, doesn't the money have to come from somewhere? Certainly we can have everything go up whenever we find more resources than we consume. Natural resources, when exploited create value for all. A more energy and resource rich world causes everything to go up. Why is it so hard to understand that increasing energy and resource constraints causes everything to go down? And, more specific to our situation, much of the perceived value is credit. If I owe you $100,000, as long as you know I'll pay, you can consider that part of your value. But if I don't make enough to pay you, suddenly you aren't going to get that money. Our entire global economy is massively over-leveraged and the only way to maintain that is perpetual growth, in a real sense of having access to ever more energy and resources. When the future delivers less than expected we start seeing that value disappear from the books.