The American dream now costs $3.4 million, per Investopedia
This is very understated on many fronts but especially for retirement. The devaluation of the dollar has pushed retirement needs well into $2M. h/t UnusualWhalesBot
Independent thinking for complex markets and current events
This is very understated on many fronts but especially for retirement. The devaluation of the dollar has pushed retirement needs well into $2M. h/t UnusualWhalesBot
🇸🇦 🇺🇸 Saudi Arabia's 50-year-old petrodollar agreement with the United States has expired, with no new agreement in place. Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. pic.twitter.com/MxdUn8t2ZP — BRICS News (@BRICSinfo) June 12, 2024 Saudi Arabia’s minister of industry …
How can a country with such little diversity have such a low crime rate? We were told that diversity is our strength. I’m walking through a high-volume street in Osaka, Japan and there at least forty bikes out here unlocked and unattended. No one has stolen these bikes and no one seems to be trying. …
Two U.S. service members were attacked in western Turkey Monday – as video circulated online purportedly showing a soldier swarmed by a group of men who placed a hood over his head. The U.S. Navy confirmed that two Marines out on liberty were victims of an assault in Izmir and are now safe. They had …
Don’t have to worry about student loans, wedding, costs of raising kids, family insurance, and a big house if you’re a college dropout with cats… points at big brain MEANWHILE, AMERICANS STRUGGLE TO FIND A JOB In July, 28.4% of Americans said that they searched for a job over the past 4 weeks, the highest share …
Steelworkers Vow to Keep ‘US Steel US Owned’ as Foreign Giant Gobbles Up American Industry Nippon Steel Corp. raised its capital commitment Thursday by more than $1 billion to spend on U.S. Steel plants amid entrenched political and labor opposition to the Japanese company’s nearly $15 billion acquisition of the iconic American steelmaker. Nippon Steel’s …
A bipartisan group of senators is demanding immediate action from USDA Secretary Thomas Vilsack after several tribal nations reported that a federal food distribution program they rely on has not fulfilled orders for months, and in some cases has delivered expired food. Last spring, the USDA consolidated from two contractors to one for deliveries of …
A Ukrainian F-16 jet was destroyed in a crash following the American-made fighter’s first successful mission against Russia on Monday, according to a US official. The fighter, one of six that arrived in Kyiv earlier this month, is not believed to have been shot down by enemy fire but rather crashed as a likely result …
by confoundedinterest17 08/24/2024•Mises Wire•Daniel Lacalle Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency. These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These are also the main elements of the economic plan presented by Kamala Harris and the Democratic Party. Undoubtedly, …
The demonstration happened at Edmond North High School where locals gathered to push back against Edmond Public Schools’ (EPS) flag rule, which has drawn much criticism, Fox 25 reported. An image shows the truck belonging to a young man who initially flew the American flag A Facebook group that organized the rally said its purpose …
Americans overwhelmingly desire all the traditional trappings of the American dream—owning a home, having a family, and looking forward to a comfortable retirement. But very few believe they can easily achieve it. A July Wall Street Journal/NORC poll of 1,502 U.S. adults shows a stark gap between people’s wishes and their expectations. The trend was …
By Martin Armstrong Before the evolution of the Industrial Revolution, Social Mobility truly did not exist. More often, one tended to follow in the footsteps of their family. Farmers remained on the farm just as those in the various skilled trades remained in those guilds. This tended to be true even from ancient times before Rome became …
https://twitter.com/RedWave_Press/status/1825934986962506208 JUST IN—Trump tells a reporter he would "probably" consider RFK Jr. inside his adminstration if he suspends his campaign and endorsed Trump. “I like him a lot. I respect him a lot. I probably would if something like that happens.” The art of the deal in real time. Let's go!! pic.twitter.com/Wy6uFAjRHc — Charlie Kirk …
With housing taking up so much income, it’s no surprise income needs to be that high to live comfortably. https://t.co/54chaQOUr6 — Reef Insights (@ReefInsights) August 20, 2024 Shocking stat of the day: A record 8.5% of homes in the United States are now worth $1 million or more. Over the last 4 years, this share …
About four months after a notorious hacking group claimed to have stolen an extraordinary amount of sensitive personal information from a major data broker, a member of the group has reportedly released most of it for free on an online marketplace for stolen personal data. The breach, which includes Social Security numbers and other sensitive …
Met Police Commissioner Mark Rowley threatens to EXTRADITE and imprison American citizens over online posts. He does not rule out Elon Musk. Met Police Commissioner Mark Rowley threatens to EXTRADITE and imprison American citizens over online posts. He does not rule out Elon Musk. pic.twitter.com/AUJhEgTTtJ — End Wokeness (@EndWokeness) August 9, 2024
Urgent: #Yemeni Armed Forces announce targeting two American destroyers and a ship in qualitative operations #Urgent #Yemeni Armed Forces: Our targeting of the two American destroyers “Cole” and “Laboon” came while they were crossing our area of operations towards the northern Red Sea as part of providing American military protection to the #Israeli enemy, and …
Where did the American dream go? byu/Fun_Balance_1809 ineconomicCollapse
More and more Americans are saying they feel financially unstable, with diminishing hopes of saving money for retirement, their children’s education or for a rainy day fund. A recent Bankrate survey found that three in four Americans say they are not completely financially secure. The average American requires a much larger income to live comfortably, …
The Biden-Harris Administration is importing vast numbers of voters https://t.co/p0OQM0RWpt — Elon Musk (@elonmusk) July 29, 2024 h/t DOORBERT
The average new home is getting smaller, but don’t expect a discount. Even though soaring construction costs force builders and architects to employ clever design tactics to maximize space, home prices continue to climb, leaving budget-conscious buyers caught in a squeeze. According to a July report by John Burns Research & Consulting (JBREC), budget-conscious builders …
Well this certainly doesn’t bode well for the future of civilization. Or, frankly, the benefit of humans in general. According to a new Pew study released this week, the percentage of adults under the age of 50 who say they probably won’t ever have kids has skyrocketed in recent years, jumping a whopping 10 points …
It’s time for a reality check, American travelers. As you pack your bags and head overseas, ready to stamp your passport, it’s becoming glaringly obvious that not every destination is thrilled to see you. Here’s an honest look at 18 countries where locals are frankly tired of American tourists. 1. Italy: Crowded Out 2. Thailand: …
It's good vs Evil pic.twitter.com/SIQucFKpc6 — 🔨Robert The Builder 🇺🇸 (@NobodymrRobert) July 16, 2024
Biden and other Democrats have repeatedly called Trump and other Republicans a “threat to democracy.” This is not what unity is. byu/TheRomanticKashaf inlibsofreddit No one wants to be associated with the left extremism. https://t.co/hqk8B0rHJ1 — TaraBull (@TaraBull) July 16, 2024 ONE HUNDRED PERCENT https://t.co/p6xgfwOYco — Elon Musk (@elonmusk) July 15, 2024 https://twitter.com/libsoftiktok/status/1812923942107292102 She’s radioactive alright. …
Jackie Duda spent nearly a year recovering after a life-threatening case of sepsis. Duda, of New Market, Maryland, was never denied medical care, even when bills from her extended hospital stay and doctors’ visits surpassed $250,000. But the 61-year-old hasn’t had the same luck with dental bills. As a freelance health journalist, she learned there’s …
As darkness shadows the American dream, more and more families are grappling with the harsh reality of financial distress. In 2024, an unprecedented number of Americans consider themselves “broke,” reflecting a widespread economic struggle. From the relentless surge in inflation to the crippling burden of debt, the signs of instability are everywhere. Now, optimism has …