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Within the pages to follow there are 18,218 carefully crafted words to ensure you gain insights on how to: improve outcomes making credit decisions gain skills to reduce inflation’s caustic effect on your budget and wealth reduce financial loss during wealth consolidation cycles that typically follow periods of significant inflation I provide a bit of history contrasting some of the choices we are given and typically make, in addition to providing tools for you and your loved ones to use to stop the devastating consequences of economic loss during market contractions.
Begin quote; Google response to: how much equity was lost in 2007 thru 2009 in America?
Between 2007 and early 2009, American households lost an estimated $16 trillion in net worth. This loss included a 51.5% decline in the value of stock market equity and a 26% decline in the value of real estate holdings, according to the St. Louis Fed. One-quarter of households lost at least 75% of their net worth, and more than half lost at least 25%, says Britannica.
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There are 17 catastrophic downturns in our country’s history and this work is to encourage our government’s relationship with the Federal Reserve and it’s citizens to improve their failed sociopolitical outcomes by outlinging new humanistic approaches.
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