Collapse: Americans Suffered Record Decline In Wealth – The Median Family’s Net Worth Dropped 38.8 Percent Between 2007 And 2010

- Americans Suffered Record Decline In Wealth During Recession: Report (Reuters, June 11, 2012): WASHINGTON, June 11  – Americans suffered a record decline in wealth between 2007 and 2010 as home values tumbled, according to a Federal Reserve report on Monday that underscored the severity of the recent recession. The median family’s net worth dropped [...] continue reading world news