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What's So Great About America

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libertythroughwealth.com

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ltw@mb.libertythroughwealth.com

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Mon, Jul 1, 2024 03:31 PM

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Don't believe the distorted picture of our nation that the media paints... SPONSORED Groundbreaking

Don't believe the distorted picture of our nation that the media paints... [Shield] AN OXFORD CLUB PUBLICATION [Liberty Through Wealth]( [View in browser]( SPONSORED [Special, "Undefeated Stocks" Set to Go Viral?]( Groundbreaking new discovery reveals a special group of 117 stocks that - for the last 10 years - have gone up during certain months 99.2% of the time. For instance... TQQQ has averaged 14.5% every July for a decade. [And if you act quickly, investing legend Shah Gilani has the details on a special way to play twelve of these stocks that's averaged a 95% windfall...]( Every single month for 5 straight years. [Details here.]( EDITOR'S NOTE Please note that Alexander Green is sending this article out early in honor of Independence Day. The markets and our offices will be closed this Thursday and Friday in observance of the Fourth of July holiday. And in case I don't have a chance to say it later, have a safe and enjoyable long weekend - from all of us here at Liberty Through Wealth! - Nicole Labra, Senior Managing Editor THE SHORTEST WAY TO A RICH LIFE [This Is What's So Great About America]( [Alexander Green, Chief Investment Strategist, The Oxford Club]( [Alexander Green]( Many academics and journalists in the U.S. labor around the clock to deliver a distorted picture of our nation. Their relentless drumbeat of negativity has convinced millions that we are a shameful and fatally flawed country. Many children are taught to doubt, not love, America. (Only 12% of Democrats and 42% of Republicans aged 18 to 24 are "extremely proud" to be Americans.) A recent Wall Street Journal/NORC poll found that the number of Americans who say patriotism is important to them has dropped from 70% in 1998 to 38% today. And the U.S. military has been unable to meet its recruitment goals. There is a sense among many that we are no longer an exceptional nation, that the country is in decline and the American Dream is over. It's not true, however. Not even remotely. This week, we should take a moment to reflect on what makes our country truly exceptional. Let's start at the beginning... For most of human history, tyrants and strongmen ruled. They denied their subjects basic freedoms, confiscated property and waged war in perpetuity. However, our nation's birth in 1776 was revolutionary - not in the sense of replacing one set of rulers with another but in placing political authority in the hands of the people. Our Declaration of Independence is a timeless statement of inherent rights, the true purposes of government and the limits of political authority. Our core beliefs are enshrined in the Constitution and Bill of Rights, the longest-serving foundation of liberty in history. On these principles of limited government, Americans created an incredible era of widespread flourishing. SPONSORED [Nvidia's Secret Partner... This Is The New AI Chip Powerhouse]( [Chatbot conversation]( I bet you've never heard of it... but this newly public company is set to become key to Nvidia's seat on the AI throne. And for now... you can get in while it's still cheap. [Details Here!]( Our nation's growth and prosperity have been extraordinary... - Americans are just 4.2% of the world's population, yet we are responsible for a quarter of its annual economic output. - Our economy is No. 1 by a huge margin. It is larger than Nos. 2 and 3 - China and Germany - combined. - Eight of the 10 largest companies in the world are American. No other country has more firms in the Fortune 500. - We are the world leader in technological innovation. The telephone, television, airplane and internet were all invented here. So were blood transfusions, heart transplants and countless vaccines. - The U.S. also leads in the technologies of the future, including biotechnology, quantum computing, nanotechnology and artificial intelligence. - The world's top five corporations in spending on research and development are all American. - If we are no different from other Western democracies, why were transformative companies like Apple, Alphabet, Meta Platforms, Amazon, Microsoft, X, Netflix, Snapchat, Instagram, Tesla, Uber, Crispr, and Nvidia - to name just a few - all founded here? - Since 1950, around 40% of all Nobel Prize laureates have been Americans. That accounts for more winners than the next five countries combined. - The U.S. accounts for 22% of the patents in force abroad, up from 19% in 2004. That's more than any other nation. - Our space probes and orbiting telescopes explore and explain the cosmos. We put astronauts on the moon over half a century ago. And recent launches by SpaceX and Blue Origin demonstrate the technological prowess of our private sector. - The U.S. dollar is the world's reserve currency. It is used in almost 90% of international transactions. - The American military is the primary defender of the free world. (See World War I and World War II for details.) - American agriculture is the envy of the world. (Our farmers now grow five times as much corn as they did in the 1930s - on 20% less land. The yield per acre has grown sixfold in the past 70 years.) - For decades, experts warned us that we had to end "our addiction to foreign oil." Yet thanks to new technologies - like hydraulic fracturing and horizontal drilling - we are now the world's leading oil producer and a net exporter. - The U.S. leads the world in science, engineering, medicine, entertainment and the arts. - No nation has produced more winning Olympians. - No nation attracts more immigrants, more students or more foreign investment capital. - Americans adopt more foreign-born children each year than any other nation. - And Americans are the most charitable people on Earth, both in the aggregate and per capita. The Giving USA Foundation recently reported that U.S. charitable donations topped $557 billion in 2023. How did our small republican experiment transform and dominate global culture and society? Geography played a big role. Buffered by two oceans and a rugged frontier, we had plenty of cheap land and vast natural resources. (But then so did countries like Russia and Brazil.) We opened our arms to tens of millions of immigrants who dreamed of a better life and helped to build this country. In the process, we developed an astounding capacity for tolerance. I'm not suggesting that other nations don't have proud histories, unique traditions or beautiful cultures. I'm delighted when I get a chance to visit South Africa, Australia or Argentina, not to mention cities like Paris or Rome. There is a lot to love about day-to-day life in other countries. However, people around the world don't talk about the French Dream or the Chinese Dream. Only one nation is universally recognized as The Land of Opportunity. That's because America cultivates, celebrates and rewards the habits that make men and women successful. Anyone with ambition and grit can move up the economic ladder. Everyone has a chance to improve his or her lot, regardless of circumstances. As JPMorgan CEO Jamie Dimon noted in a Wall Street Journal op-ed piece... The U.S. has the best universities, hospitals and businesses on the planet, and our people are the most entrepreneurial and innovative in the world, from the factory floor to the executive suite. We have by far the widest, deepest and most transparent capital markets, and a citizenry with an unparalleled work ethic and "can do" attitude. American ingenuity, technology and capital markets have created dramatic improvements in communications, transportation, manufacturing, computing, retailing, food production, construction, healthcare, finance, pharmaceuticals, robotics, sensors, genetics, 3D printing and dozens of other industries. These have benefited citizens not just here but all over the world. Britain's The Economist newspaper recently published a report on American economic performance over the last three decades. It concluded that the U.S. economy isn't just dominant. That dominance is accelerating. Our economy grew faster than any large, advanced economy last year - by a wide margin - and is on track to do so again in 2024. In 1990, the U.S. economy accounted for 40% of the GDP of the G7 nations. In 2023, it accounted for 54.8%. In 1990, American income per person was 24% higher than the income per person in Western Europe. Today it is about 30% higher. (The poorest U.S. state, Mississippi, has a higher average income than France.) Americans don't just have higher incomes. We also have greater wealth. No country has more millionaires. (Eighteen percent of American households - that's approximately 23.7 million - have a net worth of at least seven figures.) According to Statista, the average financial wealth per U.S. adult is approximately $550,000. The average financial wealth per European adult is less than $85,000. And the Census Bureau reports that American poverty is near an all-time low. Our economic recovery from the pandemic has been the strongest of any major economy. The American stock market has generated the world's highest returns over the last 35 years. And these gains haven't just benefited the rich. They have boosted the retirement savings of more than 150 million Americans. If you invested $10,000 in the S&P 500 in 1990, you would have more than $300,000 today. However, had you invested that $10,000 instead in a global equity index that excludes U.S. stocks, you would have less than $85,000 today. In short, Americans earn higher incomes, have greater assets and enjoy higher investment returns. That's because the American brand of capitalism is tilted toward dynamism, with freer markets and less government intrusion. In sum, the notion that America is an exceptional nation is not, as some would argue, just a crude strain of patriotism. Our country embodies timeless ideals, an optimistic attitude and an enthusiastic endorsement of the pursuit of happiness. Yes, we've made mistakes along the way and face no shortage of problems and challenges today. But this Independence Day, join me in celebrating the 248th anniversary of the best thing that ever happened. Good investing, Alex [Leave a Comment]( [OXF Seven]( BUILD AND PROTECT YOUR WEALTH - [Get Marc's Top 6 AI Dividend Stocks]( - [Fireworks start early...]( - [How to Profit From the Surge (Outside the Stock Market)... Click Here.]( - [Let’s Get Technical]( JOIN THE CONVERSATION [Facebook]( [Facebook]( [LinkedIn logo]( [LinkedIn]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Liberty%20Through%20Wealth...&body=From%20Liberty%20Through%20Wealth:%0D%0A%0DDon't%20believe%20the%20distorted%20picture%20of%20our%20nation%20that%20the%20media%20paints...%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Liberty%20Through%20Wealth...&body=From%20Liberty%20Through%20Wealth:%0D%0A%0DDon't%20believe%20the%20distorted%20picture%20of%20our%20nation%20that%20the%20media%20paints...%0A%0D MORE FROM LIBERTY THROUGH WEALTH [Token Offerings]( [This Is What’s So Great About America]( [Token Offerings]( [Ten Things Every Smart Investor Should Know]( [Token Offerings]( [Are These Seven Stocks Still Magnificent?]( [Token Offerings]( [The Sweet Spot to Invest in the Biotech Sector]( SPONSORED [Yours Free! 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[Privacy Policy]( | [Whitelist Liberty Through Wealth]( | [Unsubscribe]( © 2024 The Oxford Club, LLC All Rights Reserved The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#) North America: [877.806.4508](#) | International: [+1.443.353.4610](#) [Oxfordclub.com]( Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.

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