This survey of American households has been around in some form since 1850, either as a longer version of or a richer supplement to the…
December 8, 2011, 9:04 pm
Americans Got Much Poorer Last Quarter
By CATHERINE RAMPELL
Americans got much poorer last quarter, as their collective household net worth suffered the biggest decline in three years.
The total net worth of American house…
NEW YORK – The past half-century has been the age of electronic mass media. Television has reshaped society in every corner of the world. Now an explosion of new media devices is joining the TV set: DVDs, computers, game boxes, smart phones, and m…
U.S. Household Worth Increases by $943 Billion
By Bob Willis – Jun 9, 2011 5:37 PM ET .
Household wealth in the U.S. climbed by $943 billion in the first quarter of 2011 as rising share prices outstripped declines in home values.
Net worth for house…
Cash strapped home buyers have quietly shifted to financing their home purchases with FHA insured loans since the crisis accelerated in 2007 after pocket lint was discount as sufficient collateral to secure a mortgage. The reason for the alteration…
“Don’t worry about it,” says Bernanke, Geithner et al. The economy is recovering. But is it?
Nah…
It’s going to turn out very, very badly.
As predicted here, the feds’ easy money is making things much harder for most people. It’s p…
