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IPFS News Link • Economy - Economics USA

2009: Already Looking Bleak - $7 Trillion in wealth has vaporized in one year

• Michael Shedlock / Mish
Roughly $10 Trillion in household wealth will be vaporized in little over a year. And looking ahead, there is no reason to believe the stock market, the housing market, or the economy will show signs of recovery anytime soon.

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