From July 2020 to June 2021, U.S. homes were on the markets for an average of one week before going under contract, a record low dating back 32 years. The Street, November 11, 2021
From 1999 to 2021, the total debt burden for Americans over the age of 70 increased 614% to $1.27 trillion. Today, roughly 46% of all Americans expect to retire in debt. CNBC, November 16, 2021
Warren Buffett’s Berkshire Hathaway was a net seller of equities for the fourth straight quarter, a trend not seen in data going back to 2008. The company’s pile of cash climbed to a record $149.2 billion. Bloomberg, November 8, 2021
After waiting seven hours in an emergency room without treatment for a head injury, an Atlanta woman walked out of the hospital. She later received a bill for $700. Emory Healthcare explained, she was charged what’s called a “facility fee” or “emergency room visiting fee.” USAToday, November 2, 2021
The Social Security trust funds hold almost $2.9 trillion of the United States’ $28.4 trillion debt—more than the combined holdings of our top two foreign creditors, Japan ($1.3 trillion) and China ($1.0 trillion). So while many people believe that much of the U.S. national debt is owed to foreign countries, the truth is, most of it is owed to Social Security and pension funds right here in the U.S. This means U.S. citizens own most of the national debt. The Balance, October 8, 2021
Turns out all of those “disappointing” jobs reports from the summer were a lot less disappointing than we thought. From June through September, the Bureau of Labor Statistics underestimated job growth by 626,000 jobs, the largest underestimation by the BLS over a comparable time period dating back to 1979. Morning Brew, November 18, 2021
“Happiness is having a large, loving, caring, close-knit family in another city.” George Burns
