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IPFS News Link • Depression

2007-09: Household Net Worth Drops $13.8 Trillion a 21 Percent Drop

• DoctorHousingBubble.com
 Americans in the peak year of 2007 had a net worth of $64.2 trillion. A sizeable portion of that net worth has evaporated. In fact, that $64.2 trillion is now valued at $50.3 trillion. A 21 percent cut to the American household balance sheet.

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