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General Discussion

Cracklin Charlie

(12,904 posts)

2. Vaporized?

Reply to workinclasszero (Original post)

Mon Jun 27, 2016, 01:13 PM

Jun 2016

How does that happen? Would it not be true that if someone lost 2 trillion in value, that someone else gained 2 trillion in value?

These things always seem more like robbery, to me.

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Highlight:

Brexit crash wiped out a record $2.1 trillion. Now what? [View all] workinclasszero Jun 2016 OP

Closing in on 3 Trillion as the day grows longer. Wellstone ruled Jun 2016 #1

Vaporized? Cracklin Charlie Jun 2016 #2

No, that doesn't follow. Igel Jun 2016 #7

This instability has far reaching implications vintx Jun 2016 #3

Many of that loss is in 401k's and pensions. iandhr Jun 2016 #4

Financial Crisis Cost Tops $22 Trillion, GAO Says Rex Jun 2016 #5

That's okay because only the super wealthy are affected. randome Jun 2016 #6

For some, the discomfort experienced by the 1% is worth the agony experienced by those less well off Igel Jun 2016 #8

No, it didn't vanish. former9thward Jun 2016 #9

You mean a bunch of money-wranglers... ljm2002 Jun 2016 #10

Pension stocks and 401(k)s took a beating, as well. And inflation will be right around the corner. randome Jun 2016 #11

My mom lost money for her retirement. Starry Messenger Jun 2016 #12

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