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2869

Status
Open
ItemID
2869
URL --- OLD
URL / Link
http://www.aei.org/article/economics/fiscal-policy/net-worthless/
Type
Website
Name/Title
Net Worthless - Staggering loss of net worth in the last five years
Worldview
Unknown
Description
Since 2007 per-capita net worth in the US has dropped from $170,000 to $62,000 after adjusting for the massive public debt that must be paid for in the future and inflation. This in spite of the fact that the Federal Reserve says we have recovered to 2007 levels (another fabrication). Check out the wonderful chart showing the true net worth comparison.
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Editor Rating
Category
Economics
Purpose
Illumination
Tags
wealth-destruction   
Quote Source
Created
Tuesday, 09 of July, 2013 18:48:55 (GMT-0000)