Can all the money disappear?

I read today that there is a guy in Europe saying that the UK’s pound could collapse with the deficit swelling. Apparently, he must be a respected individual with so many news presses printing the story. In my opinion, there really isn’t much difference with the currency issues the UK is having and compared to the US issues. Both countries are scrambling to do anything possible to prevent a major economic disaster (which is like trying to stop the Mississippi River with just your bare hands. The problem is just too big. The US Dollar is in a crisis possibly worse than the pound. It’s strength is consistently loosing it’s value, and the more we borrow or stimulate, the worse it will become.

Maybe someone can help answer this question for me regarding bailing out the auto industry. I realize that nearly 2 million people will lose their jobs if GM were to shut down and it would cause major problems everywhere. I agree that something should be done, if it makes sense. How does helping GM continue to make cars help if our economy is so bad that no one buys the cars that we help GM to continue to make? The simple laws of supply and demand will inevitably show itself real and either they will have to give the cars away free, or go bankrupt anyway with millions of cars in back stock.