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306867 tn?1299249709

I have a question ?

The middle class lost billions in this recession. The equity in their homes when they lost them to foreclosure. Their savings was spent trying to stay afloat. Any money in 401K's, stocks etc.  lost billions.  Many took pay cuts to stay employed. Some lost their jobs and took other jobs at half the pay with no benefits(not even a stinking sick day) O.k. now to my question.................Where did this money go ?  Did it all leave the country (if so why are other countries doing so poorly)?  The government doesn't have it, they're broke.  Where is it ?  
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306867 tn?1299249709
Yes, please.
Helpful - 0
1310633 tn?1430224091
Actually, I'm lying.

I have it all.

Need a loan?
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1310633 tn?1430224091
I think it's that our CURRENCY was over-valued.

When $1 isn't really worth a dollar, and is only truly worth $0.50, then your buying-power is decreased.

THAT'S where the money went... into thin air.

We were living on an artificially inflated dollar, yen, krona, pound, etc...
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