Where is South Africa on the Cycle of Wealth Destruction? | Sound Money South Africa
Gerhard van Onselen, soundmoneysa.co.za

This illus­tra­tive chart below explains how wealth is cre­at­ed and destroyed in a nation over time. Basi­cal­ly, coun­tries begin to accu­mu­late wealth by accu­mu­lat­ing pro­duc­tive cap­i­tal assets through hard work, wise invest­ing and soun…

Wow, insightful article about nations, wealth, and “progress”. Interesting to apply these warnings to your own life!