Relevant:
- The "Devastating" Truth Behind America's Record Household Net Worth
- Household Net Worth Plunges By Most Since Q4 2008, As Government Borrowing Surges
- Disappearing now: $6 trillion in housing wealth
- The Richest Have Never Been Richer: US Household Assets Rise To Record $97 Trillion (As The Poor Get Poorer)
- Why Wall Street Owes Every U.S. Taxpayer $35,460
2017-02-06 — econimica.blogspot.gr
... if the [household net worth, or HHNW] and GDP ratio are to come back to their 50 year norm (before they were warped by long periods of near Zero Interest Rate Policy and actual ZIRP)...there are two basic options: Either, GDP rapidly rises $7 trillion (a 38% increase)...Or, the other option is a 28% decline in HHNW, or a contraction of $25 trillion. A $25 trillion decline in HHNW would equate to an average $200,000 decline in net worth for every household in America...''
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