Why America is in an alcohol recession - by The Hustle
Beer, wine, and spirit sales have trended upward for years. But the industry now faces new threats. Among these threats: the demographic factor. For middle-aged and older Americans, alcohol consumption hasn’t declined much. But Gallup discovered that 59% of 18-to-34 year olds (Gen Z and younger millennials) self-identified as alcohol drinkers, down from 72% of 18-to-34 year olds in the early 2000s. (This decline has coincided with a doubling of the share of Americans who smoke marijuana, with young people being the most likely to toke up.) Source: The Hustle
Why Most People Will Never Be Rich
Source: Seek Wiser
I love this one... It also explains why Americans are so successful.
They are not afraid of trying and failing. In Europe, failure is too often not accepted Source: Stock Talk
SP500 companies’ revenue per worker.
Source: Eugene Ng on X, BofA
Net Worth of the World's Richest People as of January 2025.
Source: RankingRoyals @RankingRoyals on X·
ELON MUSK BUYING RIGHTS TO TIKTOK?
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a ban - Bloomberg thru Evan on X
Map of the actual size of each country
Source: Epic Maps 🗺️ @theepicmap
An interesting Graph📈
The US has a big generational divide on willingness to fight for their country if it came to a war. The young are considerably less willing to do so than the old. This is different from most other countries. Source: @rubenbmathisen on X
