Forty-Five Percent of World’s Wealth Destroyed [Archive]

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Franco

03-15-09, 20:38

Forty-Five Percent of World’s Wealth Destroyed

http://www.vanguardnewsnetwork.com/?p=3825

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Happy Hacker

03-16-09, 09:27

The decline of the stock market has not destroyed any wealth. As the link suggests, real wealth is productivity, not account balances. If you had a couple million in stocks, now you have just a million, you are much less wealthy. Your share of the wealth has diminished.