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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 8: THE SHIELD OF SCREWTAPE The Naughty Bill

"The dot-com bust erased nearly $6 trillion from U.S. household net worth between 1999 and 2002 through falling stock values."

The San Francisco Fed estimates that collapsing stock values during the dot-com bust subtracted nearly $6 trillion from U.S. household net worth between 1999 and 2002.

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Source title Dr. Econ, can you show me a chart of personal income and net worth of U.S. households? Has the recent softness in the housing market and the economy affected personal income and household net worth?
Source authors Federal Reserve Bank of San Francisco
Source year 2007
Confidence high
Importance high
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