The Closing Scene in USAPonzi-The Movie
The Skyscraper Bubble
Fire and Fireworks in Dubai Skyscrapers!
January 2, 2016
As Posted on www.usaponzi.com
On December 31, 2015, there was a live filming of what will one day be the closing scene when they make the movie "USAPonzi: The Biggest Ponzi Scheme on the Planet". For those of you that did not get to see it live, it was both tragic and spectacular. In the left panel of the TV screen was a 63 story hotel/condo in Dubai (Address Downtown hotel) that was a towering inferno from a fire that was apparently started by a curtain catching fire. As the hotel fire continued to burn, the Dubai officials made the decision that they would proceed with plans to have the New Year celebration fireworks display that would literally light up the nearby Burj Khalifa skyscraper that is the tallest building on the planet with fireworks. The right panel of the TV screen displayed this spectacular 25 minute fireworks display.
This event was brought to the TV screen, and one day "the big screen", by U.S. Government fraud and corruption. These skyscrapers, and many others like them, have been built with counterfeit money that was produced by the corrupt and fraudulent fiscal policy of the U.S. Government.
USAPonzi, "The Ultimate Government Fraud", has caused severe distortion in the global economic and financial system. Because of this U.S. Government fiscal and accounting fraud, the U.S. Government has been issuing counterfeit money to the U.S. citizens and businesses for the last 47 years that we have been using to buy things we cannot afford. One of the key items that we have been able to buy with this counterfeit money, to create some of this fiscal and financial distortion, is oil.
The U.S. Government borrows money from the future U.S. taxpayers to give to the current U.S. citizens and businesses so that we can buy things we cannot afford with this borrowed and counterfeit money. And not just a little money, we are talking about $100.7 Trillion of counterfeit money as of January 2, 2016. This ever increasing stream of counterfeit money, that USAPonzi is producing, has caused asset price inflation. Stock prices have increased. Real estate prices have increased. The price of oil has increased. The price of gold has increased. Simply because the U.S. Government is using improper accounting. This counterfeit money has allowed us to buy stocks, houses, automobiles, airplanes, smartphones, oil, gas etc., etc. that we really cannot afford.
The oil producing countries have benefited enormously from this U.S. Government fiscal and accounting fraud and as a result have appeared to become extremely wealthy with the counterfeit money created by this Ponzi scheme fiscal policy. This fire and fireworks in two of the skyscrapers that were built on U.S. Government fraud is the perfect ending to this yet to be written movie script that will be written, probably by Michael Lewis, when the planet finally accepts the fact that the U.S. Government has been "Cooking the Books" for the last 47 years.
Author's Note: I sent an email to Michael Lewis on Mar 13, 2015 telling him that USAPonzi should be the subject of his next book. This would be a great sequel to "The Big Short". And now they have already filmed what can be the closing scene of the movie.
Why will this be the closing scene in USAPonzi-The Movie? Because the skyscrapers in the Middle East (The Skyscraper Bubble) , along with Las Vegas and The Ghost Towns in China, are among the most visible symbols of the financial excess and distortion that has been created by USAPonzi. When USAPonzi implodes, the flow of counterfeit money will evaporate and most of the space in these towers will be unoccupied making these ghost towers.
The Stock Market Bubble, The Housing Bubble, The Automobile Bubble, The Airplane Bubble. and The Smartphone Bubble, each represent more excess on a dollar value basis than The Skyscraper Bubble but they would be harder to capture in a single visual image than a towering inferno and the tallest tower on the planet simultaneously lit up with a fireworks display.
The financial data presented in this commentary was sourced from www.usdebtclock.org as of January 2, 2016.