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🔥IMPACT LEVEL 4 — SIGNIFICANT

Epstein File EFTA02411383: Charles, Obama and Adam Smith (DS11)

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Document containing a quote from economist Adam Smith's 'The Wealth of Nations' discussing the accumulation of national debt, appearing to be an excerpt from an economic or financial analysis.

📋 Key Excerpts15

PersonKeyword
Excerpt 1
**Adam** **Smith**, a founding father of economics, noted in "The Wealth of Nations" that "when national debts have once been accumulated to a certain degree,
Excerpt 2
However, in the 1970s and 1980s **Michael** **Milken** at Drexel Burnham Lambert realised there was a group of investors who were willing to take the risk of a
Excerpt 3
Erroneous transmission is not intended to waive confidentiality or **privilege**.

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