Uncle Sam’s gangster economy: Starter pack https://i.redd.it/a3fjswsmsrrd1.jpeg Posted by ProfessorOfFinance
RealHornblower on September 29, 2024 4:07 pm Add Net Worth! $164 Trillion with a T: [The Fed – Chart: Balance Sheet of Households and Nonprofit Organizations, 1952 – 2024 (federalreserve.gov)](https://www.federalreserve.gov/releases/z1/dataviz/z1/balance_sheet/chart/) Really puts into perspective the regular panic articles about student loan and credit card debt being like $1 trillion each. Even the ~$30 trillion national debt is absolutely dwarfed by the combined net worth of the US.
3 Comments
Why can’t we afford groceries?
Add Net Worth! $164 Trillion with a T: [The Fed – Chart: Balance Sheet of Households and Nonprofit Organizations, 1952 – 2024 (federalreserve.gov)](https://www.federalreserve.gov/releases/z1/dataviz/z1/balance_sheet/chart/)
Really puts into perspective the regular panic articles about student loan and credit card debt being like $1 trillion each. Even the ~$30 trillion national debt is absolutely dwarfed by the combined net worth of the US.
This meme sucks