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I just dont understand.

me.. Asked by magictink 11 months ago, 7 answers.

soo as everyone knows we are in the middle of a global economic ressesion..

what I dont understand is us humans rule this world... WE created the money in the world.. when we buy somethin the money goes somewhere..

I dont understand how humans...

could have been sooo stupid as to let us get this far into a depression!!

kat von d Answered by blindedwithin on Dec 05, 2008, 07:40AM
217 answers

I too..how can everybody be loosing..someone must be gaining

1 person thought this was helpful
me Answered by mindexpansion79 on Dec 05, 2008, 06:43AM
76 answers

its because instead of the countries creating their own money out of thin air (this is more or less what the fed and other major banks do), we let major banks lend governments money... at interest. there is literally no way to ever pay it back. so it builds up and builds up until, well, the bubble bursts as they say. until we fix this major problem that stems back centuries (the american forefathers has the intelligence to do something about it, only for it to change, then back again, then again when the fed reserve came in) we will always be a slave to debt and this will keep happening and happening.

http://www.ellenbrown.com/

if you really want to learn about how corrupt our system is and how it benefits the few and enslaves the many, check out some of ellen browns books.

dont just take my, or her word for it though. research it yourself because the only way we can change this is for people to actually know whats happening

Answered by amblessed on Dec 05, 2008, 09:45AM
12237 answers

It's called 'Congress' - we're paying dearly now for decisions they made and then ignored warning signs when presented to them.

Me :) Answered by beth_liveyourlife on Dec 05, 2008, 09:55AM
2299 answers
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Its extremly complicated! I only know a small amount about it. Its to do with banks lending money to people who clearly couldnt ever repay it. But other than that im quite in the dark aswell. And yes someone is gaining- the government! Our primeinister takes our money and I cant remember the facts and figures but last year he spent lots of TAX PAYERS money on his house and redecerating and sh!t like that!!

Thats what annoys me!

meeee! without glasses... Answered by mesinger on Dec 06, 2008, 02:25PM
882 answers

You are right I don't understand completely either but I am sure that they would have to make money like hell and most of america would starve because it takes like 5 days to get 10 trillion dollars made and then make enough for everyone.

Answered by erinrmp on Dec 07, 2008, 05:19PM
30 answers

because for every dollar made, there is gold to back it up. and we only have a limited amount of gold.

me Answered by mindexpansion79 on Dec 11, 2008, 10:10AM
76 answers

because for every dollar made, there is gold to back it up. and we only have a limited amount of gold.

that statement is completely untrue

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