[lbo-talk] A trader's view of the coming depression

[Wojtek S]

Yes, but I believe that Dennis' point was about savings rather than
assets.  The value of assets is speculative anyway, no?

Wojtek

On Tue, Sep 27, 2011 at 9:50 AM, Doug Henwood <dhenwood at panix.com> wrote:
> Household assets are about $72 trillion - $23 trillion tangible (mostly housing) and $49 trillion financial. Nonfinancial corps assets are around $29 trillion - $14 trillion tangible, $15 trillion financial. So HH assets are more than twice corporate - financial alone, more than 3x.
>
> Of course, conceptually, households are the ultimate holders of everything. Corps are mere legal fictions, though what a fiction they are.
>
> Doug
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