The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"  USAPonzi    Copyright Declaration     by John W. White   Mar 29, 2013

Mass Global Starvation by USAPonzi 200827
August 27, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 8/27/20.


The current fiscal policy of the corrupt U.S. Government, that I call it USAPonzi, will lead to mass global starvation.


The ratio of food consumers to food producers has been constantly increasing for the last several decades, even centuries, and the food producers are only incented to share their food if they are paid! The corrupt U.S. Government is running a Ponzi scheme that is printing an infinite supply of imaginary-counterfeit money so we can buy our food from what are often remote mass producers of the food!


When this Ponzi scheme (USAPonzi) implodes and nobody has any money, the food producers will have very little incentive to share their food! Further, when USAPonzi implodes, the supply chains that produce and deliver this food will be shut down! These food supply chains are being funded by the imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from future Americans and when these food supply chains shut down most of the developed world will not have food!


This Ponzi scheme has been creating a wider and wider gap between food consumers and food producers for the last 51 years. Almost all of the food consumers in America have no idea where their food is coming from, how it is produced, or how they would acquire it if they had no money!


This fiscal and accounting fraud has caused many, maybe now even most, of the people in America to rely on U.S. Government handouts of imaginary-counterfeit money to meet their most basic of needs, FOOD! The 'hunger pandemic' (described below) will hit its peak crisis when the planet figures out that the corrupt U.S. Government cannot keep borrowing imaginary-counterfeit money from the future Americans


NBC News

U.N. warns of 'hunger pandemic' amid threats of coronavirus, economic downturn
An additional 130 million people could be on the brink of starvation by the end of 2020 as a result of the outbreak and its economic ramifications.

April 22, 2020, 4:39 AM CDT
By Linda Givetash
While the world grapples with the coronavirus pandemic, the head of the United Nations food agency warned on Tuesday that a looming "hunger pandemic" will bring "the worst humanitarian crisis since World War II."


I agree with the U.N. prediction of a 'hunger pandemic' because of the current economic downturn!


I disagree with the U.N. that the root cause of this 'hunger pandemic' is the 'coronavirus pandemic'!


I disagree with the U.N. that this 'hunger pandemic' will only affect 130 million people!


The fiscal and accounting fraud of the U.S. Government is the root cause of the 'coronavirus pandemic' that has exposed this looming  'hunger pandemic' and the implosion of this Ponzi scheme will expose the true cause and magnitude of this looming global 'hunger pandemic'!


I predict that the implosion of this Ponzi scheme will lead to The Greatest Depression! This will cause a food crisis even more severe than the 'soup lines' of the 1930's because today the physical gap between food producers and food consumers could be hundreds of miles! This Ponzi scheme has produced a financial system that lets the elite consume the 'good food' even when it has to be transported through long and complex food supply chains!


Many of the now idle Americans must become food producers and distributors with much shorter, miles rather than hundreds of miles, food supply chains to the food consumers! This Ponzi scheme has made long food supply chains appear to be sustainable since travel and transport appears to be 'free' because the corrupt U.S. Government is borrowing imaginary-counterfeit money from the future Americans to pay for our food supply chains!


I predict that this 'hunger pandemic' in America will have direct impact on 80-90% of the U.S. population!


The food lines that formed immediately after the coronavirus shutdown are just an inkling of the food crisis we will face when USAPonzi implodes!


The U.S. Government is corrupt! The corrupt U.S. Government is being run by common criminals that have committed $154.1 Trillion crime! The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


This U.S. Government fiscal and accounting fraud will lead to mass global starvation and only those that are food producers or are close to the food producers will survive! I predict that we will not have the time or the will to reconfigure the planet to provide equitable distribution of food before millions succumb to the 'hunger pandemic'!

 

US National Debt  $26.7 Trillion 
Cash Deficit in FY2020  $2.90 Trillion 
*GAAP Deficit in FY2020  >$28.0 Trillion 
US Unfunded Future Liabilities  $127.4 Trillion 
US Unfunded Liabilities (GAAP)  $154.1 Trillion 
Imaginary-Counterfeit Money  $154.1 Trillion 
US Total National Assets  $127.3 Trillion 

Source: www.usdebtclock.org August 27, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$28.0 Trillion (>$154.1T-$126.1T = >$28.0T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


This is the biggest ($154.1 Trillionfinancial fraud ever perpetrated, I call it USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX