Which Cars Depreciate The Fastest Over A 5 Year Period?

| 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 […]

There are 33 Millennial Billionaires in the United States, and a Total of 100 Millennial Billionaires Globally

| 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, […]

The World’s Richest Families

| 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 […]

There Are Now Less Than 3,000 US Listed Companies, Dwarfed by Over 7,000 Global ETFs

| 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 […]

We Currently Have the Largest Market Crash of All Time in the Shortest Period Ever

| 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 […]

Wealthy Millennials Are Now Moving To These States

| 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 […]

Are You in the Middle Class?

| 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.

The Worlds Wealthiest Cities

| 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 […]

The Billionaire Quagmire – Rich Man, Poor Man

| 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.

The Mystery Of The Lost Bitcoin…

| 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 […]

$300 Million in Cryptocurrency’ Accidentally Lost Forever…That’s Right, Forever!

| 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 […]

First Time Ever, The Top 1% Own More Than Half The World’s Wealth

| 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 […]

Those Left Behind From The Current Economic Prosperity, Will Likely Never Be Able To Catch Up…

| 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 […]

The Inequity Bubble

| 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.  

1970 Trivia – Cost of Living

| July 3, 2017

Hard to believe, but true…

Net Worth Percentile Ranking By Age

| 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 – […]

Consumer Confidence Levels By Political Views

| March 8, 2017

Here is an interesting politically motivated chart…

2017 Tax Changes From President Elect Trump And How They Might Impact You

| December 17, 2016

Here it is …  how the new Trump proposed tax changes will effect you. Double click on image to enlarge.

Rich Man, Poor Man … It’s A Bad Wind Blowing

| 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

A Broken Society – The American Middle Class Has Disappeared Into The Sunset

| 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 […]

Global Aging Will Change The Future Of World Economies

| October 19, 2015

Global aging is here…and it will change the world as we know it!

Some Food For Thought From ‘Jessi’e’s Cafe Americain’

| August 15, 2015

So, the real question is….where are we now?     Sources: Jesse’s Cafe Americain, Oak Tree Asset Management.com

They’re Called The Princes Of “Rolling Jubilee” (You’ll See Why)….. So Just Who Are These Guys And What Do They Do?

| 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 […]

Mt Gox Files For Bankruptcy After $473 Million In Bitcoins “Disappeared”

| 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 […]

This Is What Will Take Down The World, Mark Our Words, It Sets Up An Unwelcome Outcome… Guar·an·teed..

| 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 […]

Sooo….How Will The Economy Improve In 2014 If Almost Everyone Has Less Money To Spend?

| 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. […]

The United States Antitrust Law? Does It Still Exist!

| 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 […]

I’m Smarter, That’s Why I’m Richer Than You – Is The Rich War Cry…Uh, Maybe, Then Again Maybe Not!… But Either Way Governments Are Getting A Little More Desperate Now, And The Rich Are Making Themselves Into Very Colorful Feathered Targets For New Mega Wealth Taxes!

| 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 […]

Meet the 0.0001% – 166 Americans Who Made Over $50 Million In 2012

| 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 […]

Rich Man, Poor Man….How Do We Fix It?

| 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 […]

A Travesty Of Grandiose Proportions

| 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 […]

When General Motors Went Bankrupt Back In 2009, The Pontiac Car Brand Was Killed On A Government Whim!

| 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 […]

Meet The Real Estate Housing Market “Vampire REOs” Where Many Americans Live Mortgage-Free

| 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 […]

Stanley Druckenmiller Reviews Key Issues That In His Opinion Will Effect The U.S. Economy

| 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 […]

The Recovery Trudges On

| 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 […]

Hindenburg Omen Continues!

| 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.

Not Sounding Good…Especially Since We’re In An Economic Recovery (Sort Of)

| 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 […]

Currently, Stock Markets Of The World Show Little Fear…But Maybe They Should!

| 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 […]

Bad Seats…Hey Buddy!

| 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 […]

Did We Read This Right…..They Gotta Be Kidding, Nope They’re Not Kidding

| 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 […]

Copyright © 2024 The Stated Truth