[Mase]

The net worth of U.S. households increased 0.1% in the second quarter to $53.3 trillion, the slowest gain in nearly four years, the Federal Reserve said Tuesday in its quarterly flow of funds report.

Now read it again and go back to the first cartoon in post #105.

Do you not see the obvious? You've become a water boy for the MSM.

Now look here at page 110.

Household net worth:

2000: $41.371 Trillion
2001: $40.377 " "
2002: $38.820 " "
2003: $43.981 " "
2004: $47.987 " "
2005: $51.811 " "
2006: $52.271 " " (quarter 1)
2006: $53.325 " " (quarter 2)

What is it about this growth that you don't understand? It doesn't travel in a straight line but it's up $12 trillion since 2000 and has nearly doubled since 1995. How does this mean we're doomed?

[1035rep]

"It doesn't travel in a straight line but it's up $12 trillion since 2000 and has nearly doubled since 1995."

bttt 

[GodGunsGuts]

A very large portion of household net worth appreciation is a function of real estate appreciation. Take away real estate appreciation (i.e. bubble pops) and there goes your rosy household net worth numbers.

[GodGunsGuts]

I took a look at the FED numbers that Mase provided. Don't you guys bother reading your own links?

[nopardons]

bttt