SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sonofhino who wrote (53126)2/8/2006 4:52:01 PM
From: kris b  Read Replies (1) of 110194
 
The best measure of household savings in the U.S. is the Federal Reserve's quarterly flow of fund accounts, says Claymore's chief economist, Brian Wesbury. According to this data, U.S. households had $62.5 trillion in assets at the end of September, $11.4 trillion in liabilities and a net worth of $51.1 trillion

So, what happens when the credit bubble pops, we go into severe depression, household assets go down to 10 trillion, liabilities $ 11.4 trillion and we get negative net worth of $ 1.1 trillion? Has anyone thought about this scenario?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext