Median US Household Wealth Has Declined by 40% since 2007-2008

Median US Household Wealth Has Declined by 40% since 2007-2008






Median US Household Wealth has Declined by 40% since 2007-2008 Nominal US household wealth it has been declared is at an all-time high. But Marc Faber says that’s mostly an illusion. Mr. Faber, the author of The Gloom & Doom Report, looked at the relationship between asset prices and US household wealth, and the effect […]






American’s are Almost as Wealthy as Ever, it is Scary

American’s are Almost as Wealthy as Ever, it is Scary






American’s are Almost as Wealthy as Ever, it is Scary Americans are about as wealthy as they have ever been and that is worrying monetary officials.  They are concerned that the growing wealth could prove unsustainable because it has outstripped the growth of the economy since the Great Recession’s storied end in Y 2009. A […]






South Korea’s Household Consumption Falling

South Korea’s Household Consumption Falling






South Korea’s Household Consumption Falling Private (household) consumption in South Korea fell in Q-1 on lower household income, a government report revealed Friday. Monthly private consumption averaged 2,669,000 Won (US$2,262) per household during the January-March period, up 0.6% from the same frame last year, according to Statistics Korea. Real private consumption, adjusted for inflation, declined […]