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 […]

Retirement Market Assets Are Looking Much Better…But We Have A Long Way To Go

| March 8, 2013

Hmm….the average working age person has only about $79,651 saved up for retirement. That works out to about  $416 per mounth of retirement payout if retiring at age 62. ICI recently released their retirement plan data through Q3 of 2012. The chart of the day shows the real (inflation adjusted) total retirement market assets per working age citizen […]

The Consumer Appears Taped Out As Income Dropped By The Most In 20 Years…At The Same Time A Trap Door Just Opened, Taking The Savings Rate Back To 2007 Levels

| March 1, 2013

How do we define austerity?  Quit simply we think it means that out into the future… “we’re all going to be poorer”. This sets up a bad game, and looking at the view of the field, it really doesn’t look anything like the ticket they sold us……more specifically, we have  “bad seats, hey buddy…front row behind a pole, and we just sat […]

Social Security In An (Empty) Nut Shell

| January 13, 2013

10,000 Boomers turn 65 years old every day. Here is how it looks on a chart.  Empty nut shells piled high for the old folks…. These costs will be exceeding $1 trillion per year in the near future. Meanwhile, the number of workers per retiree will continue to fall as it has for decades. In 1945 there were […]

Babys Are(n’t) Us….U.S. Birthrate Hits Record Low

| November 30, 2012

Pretty stunning news…..and what does this mean, it means slow or no growth in the economy for many many years.  Oh, and the chart below explains how much government assistance the baby boomers are reliant on, and it becomes worse with the working population slowing, not growing.  The U.S. birthrate fell to a record low last year, coming in […]

Looks Down Right Scarey!

| October 27, 2012

Median U.S. household incomes have been stagnant for most of the last twenty years…and falling hard for the last four years. But…..the top 10% and the top 1% earners have risen dramatically! www.mauldineconomics.com

This Review Of Personal Earnings And Savings Goes Hand In Hand With Rising Entitlements. It’s Called The New Normal And It’s A Rut.

| September 25, 2012

Savings….The average American says, what savings? The main reason for the recent surge in consumer “confidence” in September was the near record surge in sentiment for those making $15,000-$25,000, which soared from 43.5 to 62.4 in the month, the most since April 2009. And whether this was due to their forecast of the future, and expectation […]

American Incomes Are Falling And Near-Retirees Are Getting Crushed

| August 26, 2012

Life as we thought it to be,  has changed for ever!  So what’s the new plan? Uh….Hello By Henry Blodget – Daily Ticker Annual incomes in the United States have dropped sharply in recent years, and near-retirees are getting hit the worst. That’s the conclusion of a new study by Sentier Research, which looked at the […]

Savings…Anybody Know What That Is?

| June 26, 2012

Hmm… Survey: More Than 25% of Americans Have No Emergency Savings! By Nancy Stanley While nearly half of Americans don’t have enough money saved to cover emergencies, one-quarter don’t have any money saved, according to Bankrate.com’s Financial Security Index survey. The general rule of thumb is to have enough cash saved to cover at least […]

Ding Dong…Sometimes They Really Do Ring A Bell At The Top!

| June 11, 2012

Fed Says U.S. Wealth Fell 38.8% in 2007-2010 because of Housing….Duh! The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study showed. Median net worth declined to $77,300 in […]

U.S. Houshold Net Worth Jumps….

| June 7, 2012

It sounds like things are really rolling, but are they really? Since reaching a five-year low of $51.3 trillion in the first quarter of 2009, net worth has improved by $11.6 trillion. That leaves it $4.6 trillion below the record high of $67.5 trillion reached in the quarter ended September 2007, three months before the […]

This Chart Shows The Reality Of Our Predicament

| April 17, 2012

The Real Story On Taxes

| April 17, 2012

Out of the 143 million tax returns that were filed with the IRS in 2010, 58 million or 41 percent of those filers were non-payers.  Hmm…. Americans making over $50,000 paid the majority of the federal taxes that were paid in the U.S. in 2010. According to statistics compiled from the Internal Revenue Service (IRS) by […]

Watch Out For Those Economic Hairpin Turns, They Are Everywhere…

| March 19, 2012

Spend, spend spend…… The Federal Reserve Flow of Funds Report, issued two weeks ago, reveals the extent of the average mans plight : Forty percent of all credit card users do not pay-off their credit card every month and carry an average balance of $16,000 at an average interest rate of 15%. Total U.S. credit market […]

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