As explained in this article by Yian Q. Mui, "[t]he recent recession wiped out nearly two decades of Americans’ wealth, according to government data released Monday, with middle-class families bearing the brunt of the decline. The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from $126,400 in 2007 to $77,300 in 2010. That puts Americans roughly on par with where they were in 1992."
Go here to read the relevant Federal Reserve report.
The last recession american people are facing concerns especially the mid-class. In fact, this class is the productive one and represents the highest percentage of the global population. It is always difficult to go backward !
Posted by: binary options brokers | Monday, July 09, 2012 at 05:15 AM