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That's a very good question Alex, I suspect the money didn't really go anywhere, because in reality it didn't even exist. An ex airline pilot wrote a book on money and banks decades ago (I can't recall the title), and asked the same sort of questions. The money people have "lost" in this financial crash was merely funny money, strokes of pen on paper, ones and zeros, the value of shares mainly, the physical assets are all still there, often hidden in family trusts and other companies. We have a rediculous financial system, controlled and fuelled by greed and dishonesty, until that changes, money will continue to evaporate overnight in crashes similar to this last one.
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