by Karl Denninger
Market-Ticker.org
I wonder what might be going on here....
Between 1959 and 2016, US life expectancy increased from 69.9 years to 78.9 years but declined for 3 consecutive years after 2014. The recent decrease in US life expectancy culminated a period of increasing cause-specific mortality among adults aged 25 to 64 years that began in the 1990s, ultimately producing an increase in all-cause mortality that began in 2010. During 2010-2017, midlife all-cause mortality rates increased from 328.5 deaths/100?000 to 348.2 deaths/100?000. By 2014, midlife mortality was increasing across all racial groups, caused by drug overdoses, alcohol abuse, suicides, and a diverse list of organ system diseases.
Let me see if I can help you with analyzing this.
You take the entrepreneurial capacity to start with a few thousand dollars and turn it into a few million. Not guaranteed, of course, but with hard work it can happen. In the 1990s it could still happen. Before then it did happen all the time, all the way back into the industrial age.