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Household Wealth Drops $10 Trillion

Via brokerforyou.com:

An economist at Merrill Lynch has issued their The Flow of Funds report that showed household balance sheets shed almost $3 trillion in the third quarter, thanks in large part to a decline in stock prices. That loss, the largest 3-month drop on record, brings the total loss by U.S. households in 2008 to $10 trillion, or about 10 years worth of equity earnings. San Diego real estate

Posted by Downtown San Diego real estate Jared Schwartz, Real Estate agent on 12/31/2008 05:54 PM

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Downtown San Diego real estate Jared Schwartz, Real Estate agent

San Diego, CA

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