Mark Zinder

Mark Zinder

Leading financial expert, trend forecaster, and seasoned keynote speaker.

Talking Points, June 8,2020

June 8, 2020

Social Security’s COLA is linked to the consumer price index (CPI). There’s a subset of CPI, known as CPI-E, which tracks elderly spending. Those expenses have grown more rapidly year-over-year, but COLA adjustments don’t reflect those growing expenses, so Social Security benefits have actually lost 30% of its buying power since 2000. MarketWatch, May 30, 2020

Since 2000, China’s economy has roughly quadrupled in size, but its debt has increased by a factor of twenty-four., May 15, 2020

“No man can think clearly when his fists are clenched.” George Jean Nathan

In March, there were nearly 116 million car loans that totaled $1.3 trillion, an average of $11,476 each. There are now more car loans than mortgages. Brookings, May 11, 2020

There are roughly 91,000 dams in the United States and in 2025, 70% of those dams will be more than 50 years old, and currently, 8,000 are over 90 years old. National Geographic, May 27, 2020

US billionaires have become $565 billion richer since March 18. Total wealth for billionaires now stands at $3.5 trillion, up 19% from the low point near the beginning of the pandemic. Jeff Bezos alone is worth $36.2 billion more than he was on March 18. CNN, June 5, 2020

“Freedom is never more than one generation away from extinction.” Ronald Reagan

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