Only 35 Billion of that 700 Billion was hard CASH

Current Events » in reply to money itself is a social contract.

carl — 10/13/2008 10:53:35 PM (archived)

The rest was in contracts and policies and mortages and deeds, google CREDIT DEFAULT SWAPS for the whole story. Now the feds are giving hard cash to pay off these goofball loans

The whole thread (12 posts)

Pretend money - pretend crisi? - Laurie Street - 10/13/2008 8:39:09 PM
- Pretend Economies. - RobVG - 10/15/2008 3:14:42 AM
- money itself is a social contract. - Yeti - 10/13/2008 10:07:50 PM
  - Only 35 Billion of that 700 Billion was hard CASH - carl - 10/13/2008 10:53:35 PM
    - Federal "hard cash" - TB - 10/14/2008 3:21:18 AM
      - Phantom CASH from a Phantom Governement - carl - 10/15/2008 5:00:56 PM
      - Phantom CASH from a Phantom Governement - carl - 10/15/2008 5:00:53 PM
- I wouldn't say that. - TB - 10/13/2008 8:58:03 PM
  - On the other hand... - TB - 10/13/2008 8:59:55 PM
    - Most of the money is moving East. - SDAI-Tech1 - 10/14/2008 2:31:38 AM
      - Bank of Shanghai - Lindy - 10/14/2008 2:37:32 AM
        
        Actually... - SDAI-Tech1 - 10/14/2008 2:58:30 AM

Recent posts

On this day in Current Events

The whole thread (12 posts)