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