Breaking News : U.S. 2Q household wealth rises $2 trillion

Discussion in 'Economics' started by ASusilovic, Sep 17, 2009.

  1. U.S. household wealth up for 1st time in 2 years

    U.S. consumer debt falls record 1.7% annual rate

    U.S. 2Q nonfinancial debt rises 4.9%
  2. wartrace


    Is there a link to the data or is this just something you made up on your own?
  3. lrm21


    The rally on Wall Street was the main reason for the increase in household wealth, but rising home prices contributed as well. Wealth in corporate equities rose by $1.04 trillion, while real estate wealth rose by $139 billion. Assets held in mutual funds, life insurance and pension funds rose by $1.06 trillion.

    Its all a sham.. 2 trillion increase because the stock market is pumped up with money printing.

    I'm thinking of trying this out as my new motto.
    Dow 20K!!! (Bread $20.00)
  4. S2007S




    thats because they manipulated the markets higher, tax payer bailouts, changes in accounting methods and monopoly money is the reason for the $2 trillion in wealth creation, damn do they try to trick people into believing this wealth creation they speak of.