Fed Releases Z1 Statement…..Wealth Report

| December 9, 2010

From the looks of this, it understates the actual wealth loss by about 2-4% This from todays Federal Reserve Z1 report……”business debt increased to an all time record high of $7,351 billion, an $82 billion increase in the quarter”…..so yes I know corporate cash is very high, but so is corporate debt…….they’re borrowing to put cash on […]

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