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Household Net Worth Plunges By Most Since Q4 2008, As Government Borrowing Surges

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(ZeroHedge) – Arguably the most useful report to come out each quarter out of the Federal Reserve is the Z.1, or the Flow of Funds report, which was released minutes ago. And it’s a doozy: household net worth (assets less liabilities) in Q2 2010 plunged by $1.5 trillion, almost exclusively due to a plunge in […]

The post Household Net Worth Plunges By Most Since Q4 2008, As Government Borrowing Surges appeared first on Dprogram.net: Deprogram Your Mind - Revolutionary News.


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