Wealth of South Africa is 32% of the TOTAL Value of the USA

in #south-africa7 years ago

On Wikipedia it says this:
The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP) as of Q1 2014.

The British estimate total untapped mineral wealth of South Africa as it stands now is $40 trillion.

That means that South Africa’s total untapped wealth is equal to 32.3% of the TOTAL NET WORTH of the entire USA!

Now according to Wikipedia, the total value of ALL of Russia’s natural assets is: $75 trillion, so South Africa’s value of its untapped resources is equal to 53% of the total value of Russia’s untapped resources!

As of the middle of 2015, Credit Suisse puts the stock of American private wealth as $85.9 trillion and Chinese private wealth at $22.8 trillion. (You can read the article here because it says that China can never match the USA in wealth: http://nationalinterest.org/blog/the-buzz/45-trillion-reasons-why-china-cant-challenge-america%E2%80%99s-14087

If you use the above, then the private wealth of America is just over twice the untapped wealth of South Africa and the total untapped wealth of South Africa is almost double the value of all the private wealth of China!

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