Oh dear - media innumeracy

[Colm Moore]

http://www.irishtimes.com/newspaper/...reaking22.html

Government debt at record level

...

The figures also showed a fall in the net worth of the average household to €457 billion, or €101,962 per capita. That represented a 3.4 per cent fall compared with the preceding quarter, and a 36.9 per cent drop from the peak in the second quarter of 2007.

Household net worth (all households) 457 billion
Household net worth (average household) €275,000
Household net worth(per capita) €101,962

http://www.centralbank.ie/press-area...andQ42011.aspx