The Bubbles of USAPonzi 200525
May 25, 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 5/25/20
I am a Whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting) commonly called accrual accounting!
Because the corrupt U.S. Government is not accruing for future benefit promises to the U.S. general public, the corrupt and criminal U.S. Government has fraudulently borrowed $147.7 Trillion from the future Americans, I call it imaginary-counterfiet money, and given it to the U.S. upper class!
This fiscal and accounting fraud/Ponzi scheme, I call it USAPonzi, has created bubbles in essentially all asset classes!
These asset bubbles exhibit one or more of the following attributes:
We have built and/or bought more of the asset than we can afford.
We have built and/or bought assets that are bigger and nicer than we can afford.
The price of the asset is increasing.
The car, airplane, and house bubbles exhibit all three of these attributes.
The oil bubble exhibits two of these attributes; quantity and price.
The following is a list of several of the these asset bubbles! These asset bubbles have been produced because the U.S. Government is in the process of printing an infinite amount of imaginary-counterfeit money by fraudulently borrowing it from the future Americans!
$147.7 Trillion of imaginary-counterfeit money can create a lot of asset bubbles!
Money-The Oswald Financial Bubble 151122
Millionaires-Imaginary Millionaires and Billionaires 160531
Ultra-Rich-Jeff Bezos The $100 Billion Man 171128
Oil-The Oil Price Bubble 160720
Cars-Oswald creates Traffic Jams 151221
Teslas-Tesla Mania reaching stratospheric levels 200204
Trucks-Where will we park all the Damn Trucks 190411
Airplanes-Where will we park all the Damn Airplanes 190318
Houses-Cars, Airplanes, and Houses coming out of our ears 200127
Banks-The Bank Bubble 160216
Restaurants-Starbucks Miracle/Debacle 170617
Smartphones-LBJ Financed our Smartphones 151122
Skyscrapers-The Skyscraper Bubble 160102
Cities-Las Vegas-A Coming Ghost Town 151122
China-China Miracle produced by USAPonzi 181204
Saudi Arabia-Saudi Wealth produced by U.S. Gov Fraud 171108
Stock Market-Why does the Stock Market keep going up 160701
CEO Pay-CEO Pay and Stock Buybacks 200520
Pro Athlete Pay-Pro Athletes Make $Millions 151122
Sports Teams-Oswald Made the Dallas Cowboys Valuable 160714
Sports Stadiums-Texas Rangers Globe Life Field Debacle 170922
Private Schools-Education Cost and Equality Crisis 170802
Education Cost-Education Cost and Equality Crisis 170802
Healthcare Cost-Healthcare Cost Inflation of USAPonzi 170326
Tennis Shoes-Amazon-A Counterfeit Company 151122
Tattoo Parlors-Tattoo Parlors created by U.S. Gov Fraud 020523
Movies-Netflix Miracle by Fraud 190117
Terrorists-How Oswald created ISIS 151122
Drugs-Opioid Crisis caused by US Gov Fraud 190426
Guns-Gun Violence caused by US Gov Fraud 190806
US Military-War and Terror are Financed by Fraud 181017
Windmills-Windfarm Debacle 161101
The following are links to my whistleblower letters to Planet Earth and to the U.S. Congress in an attempt to expose this fraud and corruption within the U.S. Government!
Whistleblower Letter #1 to Planet Earth
Whistleblower Letter #5 to the U.S. Congress
| US National Debt |
$25.5 Trillion |
| Cash Deficit in FY2020 |
$2.94 Trillion |
| GAAP Deficit in FY2020 |
>$21.6 Trillion |
| US Unfunded Future Liabilities |
$122.2 Trillion |
| US Unfunded Liabilities (GAAP) |
$147.7 Trillion |
| Imaginary-Counterfeit Money |
$147.7 Trillion |
| US Total National Assets |
$143.5 Trillion |
Source: www.usdebtclock.org May 25, 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 >$21.6 Trillion (>$147.7T-$126.1T = >$21.6T).
I have written two websites (USAPonzi.com and USAPonzi.net) and eight books that explain this fraud and the impact it is having on Planet Earth! My seventh book (USAPonziD) is available on Amazon. Amazon has decided not to publish my eighth book (USAPonziE) since most of the content is available on my websites and in my earlier books! The reader can download my latest book (USAPonziE) most conveniently from my USAPonzi.net website.
John W. White
Plano, TX