Do You Have $400? : Planet Money Unemployment is low, wage growth is picking up, the stock market is strong; by most measures the economy is doing pretty well. And yet, millions of Americans live on the edge of financial ruin.

Do You Have $400?

The U.S. economy has been humming along for the last few years, but its momentum can mask the financial fragility of millions of Americans adults. A survey by the Federal Reserve reveals just how precarious situation is for a surprising number of people — and how vulnerable they are to the regular ups and downs of the economic cycle.

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