Seven years of wealth, followed by seven years of famine?

Discussion in 'Politics' started by fhl, Feb 13, 2009.

  1. fhl

    fhl

    Headline this morning on marketwatch:


    Seven years of wealth gains gone
    After years of strong growth, typical nest egg now smaller than in 2001
    By Rex Nutting, MarketWatch
    Last update: 3:46 p.m. EST Feb. 12, 2009
     
  2. gnome

    gnome

    Could get a lot worse. Depending upon downside action, I can envision a test of the 1974 market lows....

    How much would THAT hurt?