Americans Dig Themselves into the Debt Hole Deeper

Written by Gary North on December 14, 2011

You would think that Americans would be dsaving more and spebding less. But this is not the case. Household wealth is falling. Household wealth plummeted by more than four percent from July to September according to a report released last week by the Federal Reserve, marking the steepest drop since 2008 and the second quarterly […]

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