Talking Points: Life Span, FDIC, Banks

American life expectancy has shown our average span either falling or stagnating for the third consecutive year. The last time we saw a downward trend in life expectancy, America was fighting Word War I and suffering thru a flu pandemic that killed 675,000 people. Smithsonian, December 3, 2018

“There are people who dislike you because you do not dislike yourself.” Chimamanda Ngozi Adichie

Since the FDIC was founded in 1933, 2018 was only the third time that a calendar year passed without a bank failure. CNBC, January 12, 2019

The amount of recycled waste that is too contaminated to actually recycle went from 7% a decade ago to 25% today. That which is too contaminated, heads instead to the landfill. Waste Management, April 3, 2018

Costco is selling a $90 tub of mac-and-cheese that weighs 27 pounds and lasts 20 years. CNBC, January 11, 2019

For the first time in history, the six biggest Wall Street Banks – JP Morgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley, made over $100 billion in combined profits in one year. Bloomberg, January 16, 2019

“In investing, you get what you don’t pay for.” Jack Bogle

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