So liquid cash, not assets, not investments? Seems pretty good to me, during a terrible recession.
"Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody’s Analytics."
I do wonder what the figure would be for actual assets. Surely much lower than 20%, but I guess that would be hard to even calculate.
But it was still way too long, so I had edit the title down to fit it in.
I don't have editing powers, though.