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25 things vanishing in America, part 2: Your net worth

walletpop.com — Do you feel as if you're worth less than you were just one year ago? Speaking in a monetary sense, nearly all of us Americans are. Net worth, the result of that calculation which subtracts liabilities from assets to reveal true equity value, has taken a nose dive for most Americans. For some of us, the change has been negligible. For others of...

Who dugg this? Made popular Apr 14, 2009

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  • Cancerkitty, on 04/13/2009, -2/+20My net worth might be shrinking, but at least my waistline is slowly but surely expanding, year after year.
  • sockpuppets, on 04/14/2009, -0/+18We can put that check in a money market mutual fund, then we'll reinvest the earnings into foreign currency accounts with compounding interest aaand it's gone.
  • maz2331, on 04/14/2009, -2/+14I carry zero debt at all times. Who needs to make a lot, when you don't owe anyone?
  • ctnp, on 04/14/2009, -0/+8I'm not. I was already tapped out by '08. Can't get much lower than $0.
  • jdutil, on 04/14/2009, -0/+4Dugg down for not providing those facts.
  • AmyVernon, on 04/13/2009, -0/+5Yeah, wish that weren't so....
  • Asrrin29, on 04/14/2009, -0/+4Oh you can go negative in a hurry, trust me.
  • inactive, on 04/14/2009, -0/+3After your net worth shrinks to a certain point, your waistline will begin to shrink as well.
    There should be a graph somewhere on the internet, maybe Lisa Simpson will make you one.
  • scoottie, on 04/14/2009, -0/+3Did they already list free markets?
  • tmeaster, on 04/14/2009, -0/+3I am right behind you there.
  • sockpuppets, on 04/14/2009, -0/+31996 called it wants its website back.
  • cheerfulcynic, on 04/14/2009, -0/+2whats wrong with america slowly becoming a nice medium brown because less people are too stuck up to procreate only within their own skin shade?

    no shame in that, unless you want to try and manufacture shame because non-whites are inherently bad or something. that must be where you're coming from...
  • ucccft, on 04/14/2009, -4/+625 things vanishing in America, part 2: Your net worth! Here is WHY? Dah..

    America's Bogus Skilled Labor Shortage:
    http://www.youtube.com/watch?v=Zo7GOsXpDtQ&fea ...

    Fake Job Ads defraud Americans
    http://www.youtube.com/watch?v=TCbFEgFajGU&fea ... - American Traitors

    65000 New US Jobs, American citizen won't be getting one
    http://digg.com/d1n8eI

    Nielsen Replacing American Workers:
    http://www.youtube.com/watch?v=5N_j2jrUxB0

    Visa Fraud Sparks Arrests Nationwide
    http://www.businessweek.com/bwdaily/dnflash/conten ...

    Pfizer Forcing U.S. Citizens to Train H-1B Guest Worker Replacements Before Being Fired
    http://www.economicpopulist.org/?q=content/pfizer- ...

    Giving Away American Jobs
    http://cbs4.com/iteam/defede.economy.jobs.2.936589 ...

    Don't Like Americans in I.T? Maybe You Are An H-1B Pimp!
    http://www.h1bpimps.com/
  • SzaszMan, on 04/14/2009, -0/+2So did mine. But make no mistake: give it six months, maybe 2-5 years on the outside, and all of our net worth will dive in real dollars once all of the extra dollars printed by the Treasury make it into the economy. The only people whose net worth has risen are those that get this newly printed money in the form of "bailouts" and "stimulus."
  • je12u, on 04/14/2009, -0/+2Responsible debt is not a bad thing. My car is leased. I also have a mortgage and school loan. If my wife didn't teach then my son would need summer care which can run into the thousands. Debt is necessary sometimes.
  • stonebear, on 04/14/2009, -0/+2Went negative in October.
  • UrinalPooper, on 04/14/2009, -0/+2I've always felt worthless.

    The nice thing about the bottom is that there's nowhere to go but up.
  • inactive, on 04/14/2009, -0/+1I didn't have a 401k or great amounts of money in stock so I am using my cash to buy stuff at good prices.
  • inactive, on 04/15/2009, -0/+1not necessarily, it depends on what our "net worth" is on. ;-)
  • ninjaturtles1, on 04/14/2009, -1/+2Uh, what?
  • geekee, on 04/14/2009, -1/+2American's net worth didn't decrease so much as corrected for the inflated value of American's assets from the previous year.
  • Itaintrite, on 04/14/2009, -0/+1Didn't we already have part 2 a few days ago? ...guess we can add that to the list.
  • ithejosh, on 04/14/2009, -1/+2#26 Attractive women for banging
  • gryphon50, on 04/14/2009, -0/+1you know, once upon a time Americans were horrified by an influx of Irish people. They were considered sub-human. We somehow got over that and now it's white people (many of partial Irish extraction) who are upset about a new influx of Hispanics. In the end it doesn't really matter what goes in the melting pot.
  • Enterres, on 04/14/2009, -0/+1...and the rich get richer.
    It would seem that everyone on the planet's wealth is shrinking. With less available wildlands for hunting, less land for farming, depleted soil, and poisoned water and air.
  • default02, on 04/14/2009, -0/+1And..........it's gone. Sorry this line is for bank members only. Please step aside for people who have money in their account.
  • inactive, on 04/14/2009, -0/+1abd.
  • PopcornDave, on 04/14/2009, -0/+1Getting old is a bitch. Wait until your eyes start to fail.
  • gryphon50, on 04/14/2009, -0/+1oh I think many are below zero, unfortunately.
  • ctnp, on 04/14/2009, -0/+1You can go lower, but not if you haven't had credit since the dot-com bust in '99.
  • sciencelovesyou, on 04/14/2009, -1/+1Indeed.

    I also recommend reversing polarities and hitting it with a tachyon stream.
  • dwiezel, on 04/14/2009, -1/+1We make it, they take it... And give it to undeserving, lazy ass freeloaders!
  • ucccft, on 04/14/2009, -1/+1Then You must be an H-1B Pimp!
    http://www.h1bpimps.com/
  • URnotheonly1, on 04/14/2009, -1/+1actually it grew last & this year
  • sockpuppets, on 04/14/2009, -2/+1I'm not visiting those.
  • DonCurryOnly, on 04/14/2009, -2/+1At first, I thought the picture was somebody putting a lighter up someone elses nose.
  • williepepper, on 04/14/2009, -4/+3Don't much matter.

    Comrade Bojangles will give us jobs and free health care!!!

    Just like France, and I can kidnap my boss two!

    Hooway!
  • jayjayjoni, on 04/14/2009, -3/+1good. no reason why Americans should be taking all that money for themselves.
  • HurricaneDC, on 04/14/2009, -9/+5Stop digging this ***** thing
  • clsagent, on 04/14/2009, -8/+2Lost everything except my belief in God, marriage, kids, and grandkids in 08. Struggling to climb back out, but definately appreciate small things now. Created a website to help others facing similar financial distress including foreclosure, bankruptcy or short sale : http://www.HomeownersCrisis.com. Providing information, help and HOPE! Add your Distressed properties for $1.00 per property w/link to your website w/certain restrictions. Information is Power - And Hope!
  • ObamaYouth, on 04/14/2009, -6/+0nope. I don't own a home.

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