To: bananaman22
How much of the world’s wealth has been wiped out?
7 posted on
01/20/2016 10:34:35 AM PST by
grania
To: grania
I heard $3 Trillion on Fox Business this morning. I’m sure it is a rounded number. Rounded up, or rounded down, I don’t know.
9 posted on
01/20/2016 10:39:47 AM PST by
gwjack
(May God give America His richest blessings.)
To: grania
>>How much of the worldâs wealth has been wiped out?<<
Does my retirement count?
10 posted on
01/20/2016 10:44:49 AM PST by
freedumb2003
(Don't mistake my silence for ignorance, my calmness for acceptance, or my kindness for weakness)
To: grania
How much of the world's wealth has been wiped out?None. The perception of wealth has been altered, but "no" actual goods or services disappeared (note the quotes around "no" -- I don't mean there has been zero residual damage, but when people talk about a $1T drop in stock market valuation being a $1T loss in wealth -- actual stuff -- that's just nuts).
18 posted on
01/20/2016 10:59:29 AM PST by
Darth Reardon
(During the Great Depression, World War I was referred to as the Great War)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson