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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: SouthFloridaGuy who wrote (96273)4/19/2001 12:48:08 PM
From: Don Lloyd  Read Replies (1) of 436258
 
NYCB -

...Everything of a qualitative nature does. However, I am speaking in quantitative terms and as a whole US household wealth decreased by 2% last year, the first time since WW2.

You have to be careful if you use measures of household wealth over longer periods of time. The fact that household size is in a long term downtrend means that per capita wealth can increase at the same time that household wealth is decreasing.

Regards, Don
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