Money & Economics

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Another $hit social media post that takes specific reported data out of context then warps it further. The source data is this:
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The data is only for workers who have access to a defined contribution plan, not the "typical" worker. It does not give any numbers for "saved for retirement" as the post claims, only DC plan balances. The numbers are medians, not "typical", and "typical" isn't defined anyway.

You can read the report yourself here . Whoever made the social media post should have included the link, but that would have made it easier to see what BS the post is. This is either stupidity or intent to deceive.
 
Yep. They’re all actually rolling in it :rofl:

Willing to bet if you told every working person they had to come up with $2000 extra cash tomorrow for an emergency, 1/2 couldn’t without using a credit card
 
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bigredfish said:
Genuinely starting to get concerned… this isn’t normal





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I've enjoyed a number of his videos in the past, and after watching all of those I think he is a perma-bear as I have found it hard to use the information he shares for trades

Jeffrey P. Snider
@JeffSnider_EDU
 
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I complained when Biden released oil from the reserve for economic reasons, and judge Trump equally. Just a step closer to no fuel for the aircraft and warships if it ever gets close to that possibility. Since USA pumps some of its own oil, maybe I being too paranoid, but still think trying to tamp down the oil price is a wrong reason.
 
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Economic Defense Unit
noun: A group of wealthy elite cronies of the Epstein Administration tasked with stealing as much $$$ as possible under the guise of National Security, funneling grants and other made up "investments" meant for propping up US industry, to select pockets of insiders willing to sell out their country for big Ca$h

What The Unit Would Actually Do?
Its role would be much broader than sanctions. It would help direct loans, guarantees, and investment into defense critical sectors that markets alone may underfund or move too slowly to build. It would help align the Pentagon with Treasury, Commerce, and State so export controls, procurement, sanctions, and industrial policy reinforce one another instead of working at cross purposes. It would also create a direct bridge to private equity, banks, venture capital, and allied investors so national security projects can move at market speed rather than bureaucratic speed.

 
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