Are social security monthly benefits really this low? Trying to calculate the monthly SS benefit of a hypothetical worker who earned $100k every year from 1983 to 2017.

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by I_need_one_dollar Found this link on the ssa.gov website: https://www.ssa.gov/pubs/EN-05-10070.pdf There are step by step instructions on Page 2 (https://imgur.com/IsptZqk.jpg). I followed all of the steps. Created an Excel spreadsheet with the following columns: Year, Maximum Earnings, Actual Earnings, Index Factor, and Indexed Earnings. I copied and pasted the Year, Maximum Earnings, and Index Factors from … Read more

Is tesla structurally unprofitable?

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by dragontamer5788 No one knows “why” they lose money. All the cash-flow statements tell you is how much money they’re losing. In the short-term, Tesla has a $920,000,000 loan that they need to pay back in March 2019, and a big question is… how do they plan to pay it back? This loan exists because Elon Musk … Read more

October 8th is shaping up to be an interesting day: Bond Market Closed, Equities Market Open, Kavanaugh Confirmed, inflation preasures appearing, VIX was up 50% last week, and what else?

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by Timelapze It seems volatility is rearing it’s ugly head again. Do what do you think Monday will bring? October is a spooky month. Black Monday is in October of 1987. October marked the beginning of the panic of 1929. Although the 2008 crisis began in September, October was another bad time for investors.   … Read more

Era of bank secrecy ends as Swiss start sharing account data

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ZURICH (Reuters) – The era of mystery-cloaked numbered Swiss bank accounts has officially come to a close as Switzerland, the world’s biggest center for managing offshore wealth, began automatically sharing client data with tax authorities in dozens of other countries. The Federal Tax Administration (FTA) said on Friday it had for the first time exchanged … Read more

OCTOBER SURPRISE 2018: A Whole Month of “Shock and Awe”

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via stateofthenation2012: The context The 2018 midterm elections are the most consequential in U.S. history. Both sides are in a “Must Win” predicament. If the Democrats lose big, they risk becoming not only irrelevant but extinct because of their profoundly anti-American platform and criminal past…and seditious present…and treasonous future.  In light of the Kavanaugh scandal, the … Read more

Black people are jumping back faster into the workforce

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Jobless black people are taking full-time work at a higher rate than unemployed whites, amid a more favorable economy for a population whose prospects have historically been dimmer than for other races. Why it matters: The data, reflected in the chart above, suggest a greater willingness by jobless black people to accept relatively low wages, while … Read more

Notice How Quickly Market Psychology Changed?

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by John Rubino “How did you go bankrupt?” “Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises On the surface, nothing much changed last week. The Fed, as expected, raised short-term interest rates very modestly, the US, Canada and Mexico cut a new NAFTA deal (kind of a positive surprise), unemployment fell again, … Read more

Did You know the last time UST10Y tagged 200sma (monthly) it was during the 1987 CRASH

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Holy Shit did You know the last time UST10Y tagged 200sma (monthly) it was during the 1987 CRASH pic.twitter.com/qhoa2VLU93 — Alastair (@StockBoardAsset) October 5, 2018 Excess liquidity vs. US 10yr 12 mo lead pic.twitter.com/Xm9JgsRO6N — Teddy Vallee (@TeddyVallee) October 5, 2018 Why is the Global Auto Index collapsing? pic.twitter.com/MuS9hOMpnT — Alastair (@StockBoardAsset) October 5, 2018 … Read more

World Wide Election Rigging by the Queen’s Privy Council – TRUMP TRANSPARENCY!

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by Thinker LORD MARK MALLOCH-BROWN – THE GLOBALIST RACKETEER KINGPIN RUNNING THE QUEEN’S PRIVY COUNCIL WITH GEORGE SOROS He rigs elections from Venezuela to Estonia He rigs electronic voting machines owned by him, George Soros and Mitt Romney He controls the Senior Executive Service (SES) – Same Group U.S. Judge Kavanaugh is in? He steals … Read more