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Net worth of U.S. households skyrockets
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08-04-2007, 03:01 AM
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JTS_tv
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Oct 2005
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It must be that "worst economy since the Great Depression" we keep hearing about.
I wonder what this means, though. Give me a sec, don't assume that I'm just blindly attacking.
From what I've heard/read, the very top of the economic ladder is doing ridiculously well, with near-exponential growth in their worth, while the majority is actually losing ground. If the very top saw a huge growth in their value, while most of the rest of us remained stagnant or saw a mild decline, wouldn't that account for this statistic you posted?
If so, wouldn't that actually be a sign of an unsustainable economy, and not a strong one?
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