In Economics & Investing Media of the Week we feature photos, charts, graphs, maps, video links, and news items of interest to preppers. Today, a map showing the median household income of each US states relative to the overall US median household income (percentage points above or below.) The thumbnail below is click-expandable. (Graphic courtesy of Reddit [1].)
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Economics & Investing Links of Interest
- Reader Andrew M. spotted this piece in the UK Telegraph by financial analyst Ambrose Evans-Pritchard: The ingredients are coming together for a US financial crisis [3]. Andrew’s comment: “Bessent’s recent moves all scream desperation.”
- The Hill published this fractured and obtuse news piece: Senate passes bill that could change nickels and how you pay with cash [4].
- From The L.A. Times, via MSN: More and more wealthy Californians are seeking ‘golden visa’ residency outside the US [5].
- Warren Buffett’s successor starts spending Berkshire’s cash mountain [6].
- U.S. CBDC Ban Enacted Without Trump’s Signature on Housing Bill [7].
- WSJ: The Rise of the Unstoppable American Tourist [8].
- US Set to Pay Most for 30-Year Debt in Quarter of a Century [9]. JWR’s Comments: America’s public debt trap is now virtually inescapable. Prepare for a collapsing Dollar, by diversify your investments out of Dollars!
- Market Valuation: Is the Market Still Overvalued? [10]
- Construction Workers Dig Up Mysterious $10M Gold Stash While Working on Sewer System [11]. JWR’s Comments: Those are fairly modern-looking bars. So I suspect that this gold was tucked away during the Second World War and subsequently lost. The cache was possibly hidden the German invaders, or by Belgian bankers who wanted to keep the gold away from the Germans. To misplace that quantity of gold was a monumental blunder.
Economics & Investing Media Tips:
Please send your economics and investing links to JWR [12]. (Either via e-mail or via our Contact form [13].) Thanks!