Wolves Eat Dogs

We used to joke. We used to say where did all the money go? When we knew where the money was. The money was within. The money was tied up in complex credit derivatives and default swaps. It was gone but it was still out there you know what I mean? Sure, it was abstract but at least it was something.

Where has Bernard Madhoff's money gone?
This is no joke. He actually did lose this. He didn't lose it down the back of the couch, nor did he lose it like Uncle Henry to Potter, Bernard just straight up lost it, and the only stuff he didn't lose is what he never had.

The Credit Crunch is an illusion. There is no credit. There is no currency. There is only darkness with native tribes burning their torches and wolves eating dogs.