An interesting article: http://www.nytimes.com/2010/10/02/business/economy/02charts.html?_r=1&hp Thoughts?
What will happen when you try to save and clear off your debt but still your net equity keeps on heading south, it’s natural to be pessimistic in such case. 43.8 trillion is financial assets, and add real estate to it, sum total of these two forms significant portion of American household portfolio which is non performing, in fact declining. On top of that deduct the debt from those assets.