NFIB Chief Economist Warns "Bubble In US Net Worth Has Reached Unsustainable Heights"

http://www.zerohedge.com/news/2015-03-04/nfib-chief-economist-warns-bubble-us-net-worth-has-reached-unsustainable-heights

"The relationship of U.S. net worth to GDP appears to have reached unsustainable heights," warns NFIB Chief Economist William Dunkelberg, adding that a massive decline in the value of assets is "more likely" than a massive increase in GDP. Logically this seems unavoidable, unless you believe that we are truly wealthier now, even with an economy that is delivering a rather poor performance (historically weak output and sales growth) in real terms. It would seem not to be 'whether' we will adjust but when.