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: forceOfHabit who wrote (78123)1/25/2007 3:10:16 PM
From: Horgad  Read Replies (1) of 110194
 
How many people in the US have a net worth of negative $55k in the US? These people could possibly negate or skew the results depending on how the number was calculated. For example if you looked at the average net worth, the negative net worth would offset a lot of the positives.

I've looked at some of the studies like the one Grace is referencing and they count people who live in the US with new cars and houses but with a negative net worth as being poorer than I guy in Africa with nothing but the shirt on his back. In other words, the US has both the poorest and richest people in the world. Of course, a standard of living study would paint a completely different picture.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News