It’s Already Here! US Household Net Worth Growth Goes Negative For 3 Consecutive Quarters (Worse Growth Since The Great Recession And Financial Crisis) – Confounded Interest – Anthony B. Sanders

To quote Bill Paxton’s character from Twister: “It’s Already Here!”

The feared recession, that is.

The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial Crisis of 2008/2009.

Of course, the Biden family household net worth is off the charts. As is the household net worth for other Washington DC politicians like Nancy Pelosi (Communist-CA). And AOC (Communist – NY).