Thursday, 12 February 2009

Hope you have a strong stomach


Yikes!

As grim as the picture looks, it's actually a lot worse. Piper explains: "Americans' personal net worth declined 11% Y/Y from the end of 3Q07 to the end of 3Q08... the largest (year-to-year) decline in 56 years for which the agency has data available."

No comments: