Fictitious capital to the tune of $536 Billion in household assets in the United States has already evaporated. Read Kasriel’s April 29 report here → kasriel042908halftrillion
Half-a-Trillion $$ evaporated from US household wealth in February…
May 1, 2008 · No Comments
Categories: civil disorder · collapse · consumption · contraction · evaporating · existing home price · fictitious capital · household assets · household wealth
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