In 2007 the median American family was "worth" $126,000. The median family is now worth $77,000. The average American family has lost 40% in its monetary worth. This is a precipitous and momentous drop equivelant to wiping out 18 years of a family's savings.
Horseman on a black horse.
http://money.cnn.com/2012/06/11/news/economy/fed-family-net-worth/index.htm?iid=HP_LN
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