USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Goldman Sachs (David Kostin) fooled by Fraud 201208
December 8, 2020
Emailed to United Nations, Fed Chair Jay Powell, Minneapolis Fed President Neel Kashkari, Dallas Fed President Robert Kaplan, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, The U.S. SEC, NYT/WSJ/WP/CNBC/DMN on 12/8/20

Goldman's Kostin Sees S&P 500 Rising to 4,300 by Year-End 2021
Bloomberg Surveillance-TV Shows
December 2nd, 2020, 8:48 AM CST

David Kostin, Goldman Sachs chief U.S. equity strategist, explains his firm's two-year bullish outlook for U.S. equities on "Bloomberg Surveillance." (Source: Bloomberg)

Goldman Sachs (David Kostin) has been fooled by U.S. Government fiscal and accounting fraud!

The U.S. Government is committing a fiscal and accounting fraud by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!

The corrupt U.S. Government is printing counterfeit money!

I find it absolutely amazing that even some of the most respected people and companies in economics, finance, and investing have been fooled by the corrupt U.S. Government! The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, to make the U.S. upper class filthy rich and to cause the stock market to converge to infinity!

The corrupt U.S. Government has already fraudulently borrowed $155.9 Trillion from the future Americans to enrich the U.S. upper class and to cause the stock market to continuously go up!

The latest one of these fooled financial experts that I have seen is David Kostin, Goldman Sachs chief U.S. equity strategist. He was on CNBC this morning explaining why he expects the S&P 500 to reach 4,300 by the end of 2021!

On what planet does David Kostin live?

accounting fraud, that I call USAPonzi, is explained in these commentaries!

USAPonzi-The Great American Fraud
Whistleblower Letter #3 to U.S. general public
Whistleblower Letter #6 to Congress

The devastating  impact of this fiscal and accounting fraud, that I call USAPonzi, is summarized in my October 1, 2020 commentary!

Quintet of Global Crises (Economy, Climate, Health, Hunger, Depression)

National Debt  $27.4 Trillion 
Cash Deficit in FY2021  $3.21 Trillion 
*GAAP Deficit in FY2021  $6.57 Trillion 
US Unfunded Future Liabilities  $128.5 Trillion 
US Unfunded Liabilities (GAAP)  $155.9 Trillion 
Imaginary-Counterfeit Money  $155.9 Trillion 
Total National Assets  $158.0 Trillion 

Source: December 8, 2020
*GAAP Deficit-current

You can learn more about the
/Ponzi scheme by reading my websites ( and or my eighth book on USAPonzi “USAPonziE which is available on Amazon and can also be downloaded from my website.

John W. White
Plano, TX