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The New Old World

The New Old World

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Tag: Household Net Worth

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Flickr/austinevan

Americans’ Wealth Down for 7th Straight Quarter

The latest Federal Reserve report indicates that U.S. household net worth has dropped for the seventh consecutive quarter, to reach $50.4 trillion, as stock market and house values continue to decline. Since the peak, Americans have seen 22 percent of their wealth disappear.

Posted on Jun 11, 2009 READ MORE


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