Americans saw wealth plummet 40 percent from 2007 to 2010

Started by Warph, June 12, 2012, 01:13:11 AM

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Warph

June 12, 2012, 01:13:11 AM
"The Federal Reserve's detailed survey of consumer finances showed families' median wealth plunged from $126,400 in 2007 to $77,300 in 2010 — a 39 percent decline," reports the Washington Post. "That put them on par with median wealth in 1992."

http://www.washingtonpost.com/business/economy/fed-americans-wealth-dropped-40-percent/2012/06/11/gJQAlIsCVV_story.html
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