S&P 500 Record High Insanity 210901
September 1, 2021
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 9/1/21
Tech stocks push S&P 500 record closes in 2021 to 53 and Nasdaq logs 32nd all-time high of the year
August 30, 2021
By Mark Decambre
The Stock Market is continually setting new record highs because the U.S. Government is corrupt!
This Insanity is caused by none other than the corrupt U.S. Government!
The corrupt U.S. Government has printed $156.2 Trillion of counterfeit money by borrowing it from the future Americans (US Unfunded Liabilities (GAAP)) and giving it to the U.S. upper class by undertaxing them to make the stock market go up!
The stock market has been going up for the last 52 years because the corrupt U.S. Government has been “cooking the books” since 1969! The corrupt U.S. Government is not operating its fiscal policy with proper GAAP Accounting and as a result is running a classic Ponzi scheme, I call it USAPonzi, that is borrowing monopoly money, I call it imaginary-counterfeit money, from the future Americans and giving it to the U.S. upper class by undertaxing them!
This Ponzi scheme is in the process of borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class so the stock market will keep on making new highs as long as the criminals in Washington continue to give money to the U.S. upper class! So far, the corrupt U.S. Government has given the U.S. upper class $156.2 Trillion and the rate that it is giving money to the U.S. upper class is increasing exponentially so the time between hitting new highs in the stock market will become shorter and shorter!
The following chart gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so the stock market can keep going up faster and faster!
The corrupt U.S. Government is printing an infinite amount of imaginary-counterfeit money, by borrowing it from the future Americans, so the stock market can go toward infinity UNTIL this Ponzi scheme implodes!
The fools on Wall Street have been fooled by the criminals in Washington! The Wall Street crowd has not yet discovered that the U.S. Government is being run by criminals! In the defense of Wall Street, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!
|US National Debt
|Cash Deficit in FY2021
|GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org September 1, 2021
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my websites in pdf format.
John W. White