18
By Creature
That's the percentage of wealth Americans lost in 2008. It's a loss totaling $11 trillion after an unprecedented boom during the years before. And, I'm sad to say, after never having a 401k until a few short years ago, some of my cash is included in that bust number. If only I had participated in the boom, then maybe I wouldn't feel so betrayed by the bust. Or something.
That's the percentage of wealth Americans lost in 2008. It's a loss totaling $11 trillion after an unprecedented boom during the years before. And, I'm sad to say, after never having a 401k until a few short years ago, some of my cash is included in that bust number. If only I had participated in the boom, then maybe I wouldn't feel so betrayed by the bust. Or something.
Labels: U.S. economy
posted by creature at
2:00 PM
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