In panic we fall!

Something's not right and some things I can't understand... When we say a lot of people lost money in a credit gamble where do these losses go? Aren't the losses someone else's winnings? How is it possible that everyone is losing money at the same time? Unless people lost something they never had that should never bring us into the kind of recession everyone talks about, you know there's no money to go around any more. Where can the money really go? It doesn't just fly...Seems to me this global financial crisis is more a symptom of an economic transformation, the winners of that credit spree will decide the new direction of economic growth but who are the winners? News are full of losers but no one is pointing at the winners who will essentially be the new lenders. I think that is what we need to see more of in the news, stories of winners so that we know where to apply next for work and funding for new projects

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