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Federal Report Shows that Middle-class Households Have Lost 40% of their Worth in Last Three Years

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According to government data released yesterday, the last three years of a stagnant economy have wiped out almost two decades of American wealth. The Federal Reserve reports that the median net worth of families fell from $126,400 in 2007 to ...

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Federal Report Shows that Middle-class Households Have Lost 40% of their Worth in Last Three Years