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.  

Hard To Believe…..But True

| May 27, 2013

Here are some statistics that seem unbelievable….. An astounding 53 percent of all American workers make less than $30,000 a year. In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined. The six heirs of Wal-Mart founder Sam Walton have as much wealth […]

Some Staggering Statistics You Should Know!

| October 13, 2011

Food for deep thought…these are staggering! State and local government debt has reached an all-time high of 22 percent of U.S. GDP. U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes. According to a new study conducted by the BlackRock Investment Institute, the ratio of […]

Odd’s Are We’re Headed Back Into A Recession

| August 28, 2011

The forth quarter GDP (Gross Domestic Product) may bounce because of Hurricane Irene damage repairs, but it will likely just be temporary in the bigger picture of things. Rich Yamarone (Bloomberg’s Chief Economist) points out that when GDP year-over-year drops by more than 2%, we have always had a recession. So with Friday’s second-quarter revision (first […]

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