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But that should not obscure the horrendous loss of wealth.
That is the sort of loss of wealth Australia is experiencing.
It is an engineering accident that may cause great loss of wealth and life.
It was inevitable that a loss of wealth of this magnitude would slow consumption.
The explanation for the disproportionate loss of wealth is relatively straightforward.
The actual loss of wealth could easily be twice as large if the rate of price decline accelerates.
Homeowners are very likely to register the effect of their loss of wealth and to cut back on spending.
WASHINGTON — Millions of Americans suffered a loss of wealth during the recession and the sluggish recovery that followed.
In addition, Japanese households have suffered from a slump in asset prices, and thus a loss of wealth.
Class mobility does not exist in the same way in England, it is not possible to shift class through the accumulation or loss of wealth.
One of the institute's directors, Stephen Goldbart, jokes that lately he has become an expert on its opposite, "sudden loss of wealth syndrome".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com