thestatedtruth.com | December 18, 2023
Generally speaking, luxery cars seem to do the poorest at holding value. . MONDAY, DEC 18, 2023 – 05:20 PM … It’s a fact of life that vehicles depreciate – some say by almost 50% as soon they’re driven out of the lot. Some depreciate less, but which cars depreciate the fastest? In the graphic below, Visual Capitalist’s […]
Category: Finance, National News, Personal Net Worth, Tid Bits, Uncategorized |
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Tags: Which Cars Depreciate The Fastest Over A 5 Year Period?
thestatedtruth.com | June 2, 2021
A lot of money equates to a lot of power. These 33 millennial billionaires will likely represent the future of the United States. We wouldn’t be surprised if they at some point even splinter off into a new political party. Why not? Wake up Democrats and Republicans. Let’s call them the Millennial party, or the Green party, […]
Category: National News, Outliers, Personal Net Worth, Tid Bits, Uncategorized, World News |
Comments Off on There are 33 Millennial Billionaires in the United States, and a Total of 100 Millennial Billionaires Globally
Tags: Top 100 Millennial Billionaires
thestatedtruth.com | September 10, 2020
The top 2 are from the United States. This graphic, using data from Bloomberg, ranks the 25 most wealthy families in the world. The data excludes first-generation wealth and wealth controlled by a single heir, which is why you don’t see Jeff Bezos or Bill Gates on the list. Families whose source of wealth is too diffused […]
Category: Inspirational, National News, Personal Net Worth, Tid Bits, Uncategorized, World News |
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Tags: Richest Families, The Worlds Richest Families
thestatedtruth.com | August 12, 2020
Rather important happenings if you are an investor. We would pay attention class, it will matter at some point. ETFs used to be touted as a great way to gain exposure to the stock market. But now, thanks to fee-hungry issuers, the tail is wagging the dog and ETFs are the stock market. “The number of public companies […]
Category: Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Tid Bits, Uncategorized, Wall Street |
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Tags: ETF's Pass Public Company's, Public Company's Drop
thestatedtruth.com | March 21, 2020
The world has never seen anything like this before, ever! Please remember that the world pension system needs the stock market and the stock market needs the pension system. Rest assured the governments of the world will be throwing everything they can in monetary stimulus to lesson the financial blow as we move forward. At some point there […]
Category: Finance, National News, Pensions and Retirement, Personal Net Worth |
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Tags: Pension Losses, Stock Market Crash, Wall Street Disaster
thestatedtruth.com | June 13, 2019
This makes sense, until a big earthquake hits the U.S. west coast. According to a new SmartAsset study, wealthy millennials are moving to the coasts, but the Northeast isn’t one of them. We defined millennials as people under the age of 35 and looked specifically at millennials with adjusted gross incomes (AGI) of at least $100,000. To determine […]
Category: Economy, Finance, National News, Personal Net Worth, Research, Tid Bits, Uncategorized |
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Tags: Heading West, Moving West, Rich Millennials, Wealthy Millennials Migrate, Young'ens
thestatedtruth.com | January 10, 2019
Interesting Stats Are you in the middle class? You probably think you are, according to new research from the Pew Research Center, but that doesn’t necessarily mean you’re right.As HowMuch.net explains, it turns out household size is a major determiner of status in the lower, middle and upper classes.
Category: Economy, Education and Schooling, Finance, National News, Personal Net Worth |
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Tags: Class Structure, Income Classes, US Income Classes
thestatedtruth.com | February 19, 2018
The data shown in this chart represents the total amount of private wealth held by all the individuals living in each of these cities. Figures here include all assets (property, cash, equities, business interests) less any liabilities. Meanwhile, government funds are excluded from these figures. New World Wealth also mentions that there were eight cities that […]
Category: Charts and Graphs, Economy, National News, Personal Net Worth, Tid Bits, Uncategorized, Wall Street, World News |
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Tags: Extreme Wealth, Wealthiest Cities, Worlds Wealthiest Cities
thestatedtruth.com | January 22, 2018
In 2017 the world’s richest 1% raked in 82% of the wealth created last year while the poorest half of the population received none, Separately, chief executives of the top five global fashion brands made in just four days what garment workers in Bangladesh earn over a lifetime.
Category: Commentary, Economy, National News, Personal Net Worth, Tid Bits, Uncategorized |
Comments Off on The Billionaire Quagmire – Rich Man, Poor Man
Tags: Poor Man, Rich man, Richest 1%, Wealth
thestatedtruth.com | November 30, 2017
Earlier this week, IG Markets chief strategist Chris Weston described bitcoin and other cryptocurrencies as a massive influx of retail investors getting into the cryptocurrency as a “mania” fueled by press headlines and fear of missing out. Bitcoin’s exponential 1,000 percent rise this year has captured imaginations and led to warnings of a “bubble.” Its current market […]
Category: National News, Outliers, Personal Net Worth, Research, Technology, Tid Bits, Uncategorized |
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Tags: 300 Million Lost in Cryptocurrency, BitCoin, Cryptocurrency
thestatedtruth.com | November 18, 2017
A user mistakenly takes control of hundreds of wallets containing cryptocurrency Ether, then accidently permanently destroys them in a panic while trying to give them back…Hmm, sounds like a bad day for someone! More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer […]
Category: Commentary, Economy, Finance, National News, National Security, Outliers, Personal Net Worth, Technology, Tid Bits, Uncategorized |
Comments Off on $300 Million in Cryptocurrency’ Accidentally Lost Forever…That’s Right, Forever!
Tags: 300 Million Lost in Cryptocurrency, Cryptocurrency, Ethereum Has A Bad Day
thestatedtruth.com | November 14, 2017
The top 1% of global wealth holders started the millennium with 45.5% of all household wealth. This share was about the same until 2006, then fell to 42.5% two years later. The downward trend reversed after 2008 and the share of the top one percent has been on an upward path ever since, passing the year […]
Category: Finance, Outliers, Pensions and Retirement, Personal Net Worth, Research, Tid Bits, Uncategorized, World News |
Comments Off on First Time Ever, The Top 1% Own More Than Half The World’s Wealth
Tags: Bad Seats, Hey Buddy, The Rich, Top 1%, Wealth Top 1%
thestatedtruth.com | September 25, 2017
Economic prosperity is concentrated in America’s elite zip codes, but in an interesting report on Distressed Communities, from The Economic Innovation Group, it is increasingly clear that economic stability outside of those communities is rapidly deteriorating. As Axios noted, this isn’t a Republican or Democratic problem. At every level of government, both parties represent distressed areas. But the economic fortunes […]
Category: Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Uncategorized, Wall Street |
Comments Off on Those Left Behind From The Current Economic Prosperity, Will Likely Never Be Able To Catch Up…
Tags: Economic Prosperity, Haves-Have Not's, Political Economic Prosperity
thestatedtruth.com | September 1, 2017
This chart shows that the majority of income growth is now concentrated in the top 1/0th of 1%, and most of what’s left over has gone to the top 5%. This is the only possible outcome of financialization and central-bank inflated asset bubbles.
Category: National News, Personal Net Worth, Technology, Wall Street |
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Tags: Bubble, Financial Bubble, High Income, Inequity Bubble, Low Income, Stats
thestatedtruth.com | June 5, 2017
Here we go, figure where you stand with these age/net worth breakdowns… Net Worth Summary Statistics for Households Aged 25 to 35 Net Worth Percentile Rank : A net worth of $0.00 for ages 25 to 35 ranks at the 22.67% Median Net Worth : $16,000.00 Mean Net Worth : $100,146.00 Net Worth 25th – […]
Category: Charts and Graphs, Finance, Pensions and Retirement, Personal Net Worth |
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thestatedtruth.com | March 8, 2017
Here is an interesting politically motivated chart…
Category: Commentary, Economy, Finance, National News, Personal Net Worth, Wall Street |
Comments Off on Consumer Confidence Levels By Political Views
Tags: Business View By Politics, Political Views on Business
thestatedtruth.com | December 17, 2016
Here it is … how the new Trump proposed tax changes will effect you. Double click on image to enlarge.
Category: Economy, Finance, National News, Personal Net Worth, Wall Street |
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Tags: 2017 Tax Changes, 2017 Trump Tax Changes, Trump Tax Changes For 2017
thestatedtruth.com | January 17, 2016
Just 62 people now own the same wealth as half the world’s population. In 2011 388 people had the same wealth as the poorest half of humanity. In 2011 this fell to 177. The number has continued to fall each year to 80 in 2014 and 62 in 2015. Sources: Oxfam
Category: Commentary, Economy, National News, Personal Net Worth, Wall Street, World News |
1 Comment »
Tags: Bad Equality, Economic Disaster, Global Wealth, Poor Man, Rich man, The Top 1%
thestatedtruth.com | October 21, 2015
Credit Suisse estimates that there are now 25% of Americans that are in the situation of having a negative net-worth. And…the Social Security Administration just released some stunning facts. The following are some of the numbers that really stood out! -38 percent of all American workers made less than $20,000 last year. -51 percent of […]
Category: Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth |
2 Comments »
Tags: Broken Middle Class, Middle Class, net worth, Wages Of Middle Class
thestatedtruth.com | October 19, 2015
Global aging is here…and it will change the world as we know it!
Category: Commentary, Economy, Healthcare and Science, National News, Outliers, Pensions and Retirement, Personal Net Worth, Tid Bits, Wall Street, World News |
259 Comments »
Tags: Burden of Disease, Global Aging, World Economies In Trouble
thestatedtruth.com | August 15, 2015
So, the real question is….where are we now? Sources: Jesse’s Cafe Americain, Oak Tree Asset Management.com
Category: Commentary, Economy, Finance, National News, Personal Net Worth, Tid Bits, Wall Street, World News |
48 Comments »
Tags: Political and Economic Continuum, The Circle of World Politics, The World
thestatedtruth.com | November 1, 2014
Rolling Jubilee… some say it’s about good vs. evil. But in reality it’s all about money and trying to fix the sales pitch from government and schools directly aimed at students which aggressively encourages student loans, and in the end it’s about fixing the pain of life long encumbrances caused by that sales pitch. The totality of college debt […]
Category: Commentary, Economy, Education and Schooling, Finance, National News, Personal Net Worth, Research, Tid Bits |
2 Comments »
Tags: ABS Student Loans, Forgive Student Loans, Pay Off Student Loans, Student Debt Forgiveness, Student Loan ABS, Student Loans
thestatedtruth.com | March 1, 2014
Hmm….It looks like the digital encrypted currency exchanges have some bugs to work out! For a case study of a blistering rise and an absolutely epic fall of an exchange that i) was named after Magic: the Gathering and ii) transacted in a digital currency which many have speculated was conceived by the NSA nearly two decades ago […]
Category: Commentary, Commodities, Economy, Finance, Inspirational, National News, National Security, Personal Net Worth, Technology, World News |
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Tags: Bit Coins, Digital Currency, Digital money;, encrypted, Lost Money
thestatedtruth.com | January 23, 2014
A Great Awakening Is Coming….. Currently the 85 richest people in the world have about as much wealth as the poorest 50% of the entire global population does. In other words, 85 extremely wealthy individuals have about as much wealth as the poorest 3,500,000,000 do. Just as wrong is the fact that according to Oxfam, the richest one […]
Category: Commentary, Economy, Inspirational, National News, Personal Net Worth, Technology, Wall Street, World News |
30 Comments »
Tags: Economic Elite, Founding Fathers, Great Awakening, Oxfams Report On Wealth, Poor Man, Rich man, Tax The Rich, Unfair, wealth pyramid, Wealth Tax, Wealthy
thestatedtruth.com | January 1, 2014
Just wondering…..Is the U.S. consumer tapped out? If so, how in the world will the U.S. economy possibly improve in 2014? The bottom 50 percent of AGI (Adjusted Gross Income) households have an income cutoff of $34,823 meaning that over 68 million US households now live on an AGI of $35,000 or less. Most Americans know that the U.S. […]
Category: Charts and Graphs, Commentary, Economy, Education and Schooling, National News, Personal Net Worth, Tid Bits |
11,686 Comments »
Tags: AGI Households Income, Bottom 50%, Consumer Tapped Out, Earning Curve
thestatedtruth.com | November 25, 2013
Op-Ed The Stated Truth Elitist Defeatism Of Real Competition In A Slow Growth World For markets to grow in a capitalist society, it is imperative to have high levels of competition. The more competition the better. This helps innovation and has been the backbone of our economy over the last 102 years or to be […]
Category: Commentary, Economy, Finance, Inspirational, National News, Pensions and Retirement, Personal Net Worth, Research, Technology, Tid Bits, Uncategorized, Wall Street, World News |
3 Comments »
Tags: Anti Trust, Baby Bells, Bucketeers, Competition, Corporations, Credits, Elitist, Finanacial Crisis, Growth, Money, Monopoly, New World, Risk takers, Sherman Act of 1890, Stated truth, Tax Credits, Tax Incentives, The Stated, Too Big To Fail
thestatedtruth.com | November 5, 2013
The easy target with colorful feathers spread wide are the rich and the super rich. Ice Cap Asset Management explains and the IMF builds the case…..Absent economic growth, higher taxes are the only perceived option. Be prepared. Ice Cap in summary….”Meanwhile, our analysis of the global economy continues to show a lack of any acceleration. Instead growth remains […]
Category: Charts and Graphs, Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Personal Net Worth, Wall Street, World News |
1 Comment »
Tags: assets, debt, I'm Richer, IMF Tax Study, IMF warning, More Debt, More Spending, net worth, Rich man, Super Tax, Unusual Times, Wealth Tax
thestatedtruth.com | November 4, 2013
Here we go, it’s the roaring 20’s all over again but even more so now! Never in U.S. history have so many individuals earned over $50 million per year. Never before has the divide between the wealthy and the poor been so wide (never). The source of this catalyst for unrest in society, as Mark […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Personal Net Worth, Pictures, Research, Wall Street, World News |
28 Comments »
Tags: Americans Making Over $50 Million, Artificial Disparities, Catalyst, Economy, Least Privileged, Money, Poor Man, redistribution, Rich man, Roaring 20's, Runaway Entrepreneurial capitalusm, Society, Top Income Earners, Unrest, Wealth
thestatedtruth.com | November 4, 2013
Back on October 27 we did a report on the worlds wealth pyramid titled A Travesty Of Grandiose Proportions (click the blue lettering to review). The report discusssed the great disconnect in the world today between the wealth of the super rich and everyone else. Now, in todays review, we are going to touch on income extremes, with hopes […]
Category: Commentary, Economy, Finance, National News, Personal Net Worth, Research, Tid Bits, Wall Street, World News |
2 Comments »
Tags: 1929 All Over Again, Distribution Of Wage Earners, Income Disparity, Income Pyramid, IRS Definition Of Rich, Middle Incomers, Poor Man, Poverty Levels, Rich man, Riots In The Streets, Tax Levels, Tax System, Tax The Rich, Travesty, wealth pyramid
thestatedtruth.com | October 27, 2013
Never before has the world seen such disparity of wealth between rich and everyone else. Out comes the pen and off goes another letter to our worthless Congress. Will they even read it? John Maudlin, in his new book Code Red, (to be released on Monday, Oct. 28) reviewed the latest key figures concerning record wealth disparity, and it’s a […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Real Estate, Wall Street, World News |
27 Comments »
Tags: assets, Balances, Code Red, Disparity, Extinction, Financial assets, Global Household Wealth, Global Wealth, Millennium, millionaires, Money, Never Befor seen, Poor, Rich man, Wealth
thestatedtruth.com | October 26, 2013
We always liked the GM Pontiac brand, established back in 1926, with an early model called The Chief, which started as a companion make for General Motors’ Oakland name plate. It quickly overtoke its parent in popularity, and supplanted the Oakland brand entirely by 1931. Interestingly, Pontiac always had a theme and closeness to Native American Indians, originally built in Pontiac, Michigan, the early cars […]
Category: Commentary, National News, Personal Net Worth, Tid Bits, Uncategorized, Wall Street |
2 Comments »
Tags: Aoto History, Chief, General Motors brands, Government Dummys, Motor Trend 1959 Car of the Year, Pontiac
thestatedtruth.com | October 3, 2013
Zero Hedge is just out with this interesting article concerning the housing markets and what they call artifical price gains. Yeh, we agree, the whole free market system has been rigged in one way or another since 2009. ZeroHedge: Concerning Foreclosure stuffing. We explained this scheme by banks to limit the amount of available for sale […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Personal Net Worth, Real Estate, Uncategorized, Wall Street |
17 Comments »
Tags: Bankers;Bubble Chart, Fake markets, foreclosures, Free, Live Free, No Equity, No Rent, RE Bubble Chart, RE Inventory, Real Estate, Set Up, Vampire Mortgages
thestatedtruth.com | September 11, 2013
Pay attention everybody, there will be a quiz on this….Stanley Druckenmiller (one of the most successful money managers of all time) addresses key issues for the U.S. economy going forward. Here are a few snip-its. On what he is most uncomfortable about: “Let’s first set the table and looking at what is going on in the last […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Outliers, Personal Net Worth, Uncategorized, Wall Street |
35 Comments »
Tags: Catastrophe, Crisis, Demographics, entitlements, federal reserve, Financial Panic, Money Manager, national debt, No, Opinions, Problems, Stanley Druckenmiller, Wow
thestatedtruth.com | September 8, 2013
And this is during an economic recovery! In June, the number of households receiving foodstamps rose to 23.117 million, an increase of 45.9k in one month, and also a new record high. The average monthly benefit per household was: $274.55, just off the record. In June an additional 125,059 individual Americans started using Foodstamps. The increase to 47.8 […]
Category: Charts and Graphs, Commentary, Economy, National News, Personal Net Worth |
14 Comments »
Tags: Assistance, Economic Recovery, food stamps, Help, Lost, Poor, Unfortunate
thestatedtruth.com | August 18, 2013
The dreaded Hindenburg Omen continues through August 14….. For the 6th day in the last 8, the market has flashed a string of Hindenburg chart warnings that suggest that all is not well in a stock market considered by some to be “ government driven”. See our review of this several posts below, it will explain the Hindenberg Omen in detail.
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Personal Net Worth, Wall Street |
3 Comments »
Tags: Bad, Hindenberg Omen, Look Out, Wall Street
thestatedtruth.com | August 18, 2013
Things that make you wonder….and then question, how could this happen! 76% of Americans live paycheck to paycheck 27% of American have no savings at all 46% of Americans have less than $800 in savings The conversion of America into a part-time working society and the country’s second largest employer – a temp agency. The […]
Category: Commentary, Economy, Finance, National News, Personal Net Worth, Uncategorized, World News |
1 Comment »
Tags: Big News, College Loans, Jobs, Paycheck, Savings, Thing, Wondering
thestatedtruth.com | August 13, 2013
Why, you say…. It’s the dreaded Hindenburg Omen! “The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937, during which the German zeppelin was destroyed in a sudden conflagration.” The Hindenburg Omen is not a guarantee of a […]
Category: Commentary, Commodities, Economy, Finance, National News, Personal Net Worth, Uncategorized, Wall Street |
1 Comment »
Tags: Bad, Crash, Disaster, Down, Hindenburg Omen, Stock Market Crash, Wipeout
thestatedtruth.com | March 12, 2013
Hmm…This from the very successful Kyle Bass We are right back there! The brevity of financial memory is about two years. I don’t get paid to be an optimist, I don’t get paid to be pessimist, I get paid to be a realist – and a prudent fiduciary of the capital, and then if i […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Wall Street |
2 Comments »
Tags: Busted Out, High Risk, Kyle Bass, Realist, Ride'm Cowboy, Risk
thestatedtruth.com | March 8, 2013
Here are the key words from below: Two categories of spending represent 12.5% of all discretionary spending. These costs go up when the economy is weak, they have never, repeat never declined. Consider just these two components of the discretionary spending budget; (1) Food Stamps, and (2) the Earned Income and Child Credits. 1) Food Stamps cost the government […]
Category: Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth, Uncategorized |
1 Comment »
Tags: Economy, Food, food stamps, Free, Gifts, Giveaway, Government, spending, Stamps