Posted by: Michael Mandel on June 12
Real adjusted net worth per capita is rising even without including housing. Here’s what the chart looks like…we still haven’t reached the boom peak, but the long-term trend is up, despite all the borrowing from overseas.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.