“A New Economic System: Guide To Debt Elimination And Wealth Creation” could potentially be regarded as one of the most influential books ever written, tackling the perpetual issue of worldwide poverty. It surpasses the realm of a mere overview, as Yusef presents pragmatic and distinctive strategies to navigate through economic downturns.
Yusef Rashid DeLaine, the author, hails from Los Angeles-Hollywood, CA. In 1997, he successfully completed his undergraduate education, earning a Bachelor of Arts degree in Philosophy/Legal Studies from Trinity College in Hartford, Connecticut. Furthermore, during the Trinity Term of 1996, he engaged in further studies in Philosophy at Oxford University, England. His mission is to alleviate poverty through his all-encompassing approach known as the Exponential Compound Interest. This method aims to equip individuals with income-generating resources, presenting them with the means to alleviate their financial hardships.
In addition, this book includes:
- A thorough and unequivocal discussion of capitalism, socialism, communism, and compound interest.
- 45 ideas and strategies for exponential compound interest, collective-buying power, and cooperative economics.
- Well-thought-out application of financial principles.
- Knowledge-Based Economy presentation.
- Paying off a debt by paying off bills early.
- Taking advantage of credit cards and long-term loans.
- Debt elimination tips.
- Exponential Compound Interest analysis and application.
The book presents an interesting takeoff platform for further discussion on the topic. Its thought-provoking arguments not only excel but also make it an unforgettable and enthralling read, leaving readers eager to turn the pages and delve deeper into its contents.
Overall, the book’s main argument provides insights as to why we should abandon capitalism, and socialism, and fully embrace Exponential Compound Interest through individual and collective-buying power and cooperative economics. Complete with foreign and local related studies, this book is the ultimate guide for financial freedom for all peoples of the world.
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Author: Yusef Rashid DeLaine
Page Count: 40
Reviewer: Daisy Thomas
Review Posted Online: May 25, 2023