You are right, but it is more complicated than that. About $13 trillion has disappeared/ been destroyed through mal-investment and the collapse of the credit b

You are right, but it is more complicated than that. About $13 trillion has disappeared/ been destroyed through mal-investment and the collapse of the credit bubble. Those dollars are GONE. The problem is that large parts of our economy were geared around those resources/cash flows/projected revenue streams, so the rebalancing to the "new normal" is painful. (Think autos, finance, consumer electronics, malls, housing, retirement savings).