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The Bubble and Beyond

The Bubble and Beyond

By Michael Hudson

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Tag: Median

Family Savings Look Scary Across the Board

The Federal Reserve finds that the average family has only about $3,800 in the bank, no retirement account and no stocks or bonds, and can’t pay off a $2,200 credit card balance.
Pretty grim…. But don’t fear. Tax cuts for the rich will make everything all better.

Posted on Mar 5, 2006 READ MORE


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