What’s in the segment?
Get your free copy.
We'll send you the link via text message.
We will never sell your contact information to any 3rd party or send you spam.
UNDERSTANDING NATIONAL WEALTH
The Triumph of the Most Successful Political Economy in History
Rich Smith has a range of business experience from private development stage start-ups to $300 million public companies as Chief Financial Officer. He led a successful initial public offering (IPO) and many private placements to fund and capitalize high-growth companies. Currently, Smith is the Managing Director of a small advisory firm specializing in analyzing economic, business, and financial conditions and their impact on financial projections, policies, and operations. Smith received his MPhil from Cambridge University and is a Certified Public Accountant (CPA.)
ABOUT THE AUTHOR, RICH SMITH
WHAT READERS SAID ABOUT THIS BOOK
Copyright 2020, Richard Smith
Dylan Jovine
Chairman, Behind the Markets
Groundbreaking. Understanding National Wealth takes fifty years of conventional wisdom about the financial health of the U.S. and throws it on its head.
Sonya Lambert
CMO, a publicly traded company
My perspective regarding our nation's financial position has been changed forever! This is an enlightening read that puts a corrective lens on the wild distortions of the talking heads. A must read for all.
FAR TOO MANY public statements are taken as fact and go unchallenged, such as “the country is on the verge of bankruptcy” to “we are saddling future generations with crushing levels of debt” to “China has undue leverage over us since they own most of our national debt”. Statements as these range from being wild distortions to complete nonsense.
A well-informed populace needs to push back on half-truths, untruths, obfuscations, and demagoguery, with facts and empirical evidence at their fingertips─and that is the point of this book.
Can you answer these questions?
- What is the total asset base of the United States? $150 Trillion? $50? $20?
- What is the total net worth of the United States? $100 Trillion $50 $-10
- What % of the federal U.S. debt is owned by China? 35%? 20%? 5%?
- What is household consumer credit as % of all national assets? 30%? 15%? 3%?
Understanding National Wealth provides the evidence and perspective for a more honest, objective conversation. As the adage goes, “Everyone is entitled to their own opinion, but not their own set of facts”.
Fragmented information about the country’s financial position is in many different places and forms, therefore “One cannot see the forest through the trees”. This book provides a succinct summary of where the nation stands financially by bringing together and consolidating the best available data into a national balance sheet containing all private and public sector assets and liabilities.
In short, this breakthrough perspective properly analyzes the nation’s economy and financial health. Understanding National Wealth is a comprehensive first-of-its-kind financial report on the nation, with the specifics of the country’s wealth well-documented and analyzed.
BACK COVER DESCRIPTION
UNDERSTANDING
NATIONAL WEALTH
The Triumph of the Most Successful Political Economy in History
Recently featured in
Join our free private Facebook group
Send an email to info@richoutlook.com if you're interested in joining our community of likeminded people discussing the actual facts. We can't wait to meet you.