Saturday, March 30, 2013

Family Net Worth Collapses 40% In Three Years

Family Net Worth Collapses 40% In Three Years - Business Insider
Most of this decline came from the collapse of the housing market. But we can't just write this one off to the housing bubble. The median net worth of households has now fallen to the same level as it was two decades ago, in 1992.
What does that mean?
It means America just isn't working right now.

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