This is false.

…— the hard financial assets — to drawn down on anymore. That tallies with other research which says the majority of Americans now have a negative net worth. In short, “asset limited” is a polite way of saying: indebted for life, with no real way of ever no…
Half of Americans Are Effectively Poor Now. What The?
11.4K
105
umair haque
David E. Weekly
·Follow
1 min read·
Aug 22, 2019
--
This is false. Median net worth of American households is $97,300 and has been rising over the last several years.
Source: https://www.federalreserve.gov/publications/files/scf17.pdf
--
--
Written by David E. Weekly6.3K Followers
·2.7K Following
Founder+CEO: Medcorder, ex-GOOG, FB. Started: Drone.VC, Mexican.VC, Neuron.VC, PBwiki, DevHouse, and Hacker Dojo. Startup advisor. Chopper pilot. Dad. ❤�
No responses yet
Help
Status
About
Careers
Press
Blog
Privacy
Terms
Text to speech
Teams