Got $400? 1/2 of Americans can't get it, or would need to sell something to get it

From the Federal Reserve:

Report on the Economic Well-Being
of U.S. Households in 2014


From Page 9:

Economic Fragility

Although the survey finds that economic hardships are
common, many individuals are ill-prepared for a finan-
cial disruption and would struggle to cover emergency
expenses.

• Forty-seven percent of respondents say they either
could not cover an emergency expense costing
$400, or would cover it by selling something or bor-
rowing money.

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Link: http://www.federalreserve.gov/econresdata/2014-report-economic-well-being-us-households-201505.pdf