Netyaroze on 08 August 2011
In a crisis money vanishes. Almost NOBODY earned anything everyone lost. Depts are non existing money its money not made yet. If the system has a problem the confidence in the future decreases and with it the expectations of the amount of money/work thats going to be done. Thus our money, thats dept based and basically a bet on the work our kids will do vanishes.The work we do was already spent to a part in the past. Or is already spent in the future. Economy is just is psychology and the value that money represents is only to a small part really existing. That leads to a regulary crisis but also makes exponential growth possible.
