In 2007, USA real estate were worth $20 trillion. By June 2008, USA would be worth $40 Trillion. China & India real estates are 5 or 10 times more expensive than USA real estates.Quote from talknet:
Too bad there is $1,400 Trillion of wealth left to evaporate and will probably only be about $200 Trillion at current values left when all is said and done.
Now think of worldwide real estates, stocks, commodities.