On Wed, Oct 1, 2008 at 8:26 PM, Gruss wrote:

>
>
> So where's the money gone?  We're rich now right?
>

Older Americans are rich. In particular, white Americans born in the 1940s
experienced a HUGE financial windfall in the last decade or so:

http://www.jchs.harvard.edu/publications/markets/w07-1.pdf

Look at the very last page, Appendix 2.


So you ask where the money went? I'll tell you where it went. To the
Boomers.


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