The Day the Money Runs Out!
December 16, 2016
What will happen "The Day the Money Runs Out"? The U.S. Government is pumping monopoly money into the global economy with massive GAAP basis deficit spending, but this cannot continue indefinitely. What will happen when the U.S. Government is forced to stop pumping this monopoly money into the global financial system? As of December 16, 2016, the U.S. Government has pumped $104.5 Trillion of monopoly money (imaginary-counterfeit money) into the global financial system.
|Cash Deficit in FY2017
|GAAP Deficit in FY2017
|| $5.66 Trillion
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|| $104.5 Trillion
|Total National Assets
Source: www.usdebtclock.org December 16, 2016
The global private sector is appearing to get rich because the U.S. Government is borrowing imaginary-counterfeit money from the future Americans and giving it to the current Americans (See Getting Rich from U.S. Government Fraud). However, because of this, the U.S. Government is bankrupt and the entire Planet is ignoring the problem. The future Americans have an infinite amount of imaginary-counterfeit money so it looks like this could continue indefinitely, but the problem is this money is imaginary and this money is counterfeit.
The U.S. Government is running a Ponzi scheme and almost everybody on the Planet is fooled by this fraud. How can so many be fooled for so long by a bunch of criminals just because they have been elected to run the U.S. Government.
This is all a giant hoax run by the U.S. Government that has been operating for 48 years. It got started by a scoundrel, Lyndon Baines Johnson, but it is being continued by a huge collection of criminals that we, the foolish citizens of the United States, have elected to lead and protect us.
This giant hoax could be exposed if just one of these criminals had the guts to seek a plea bargain and expose this fraud to U.S. and global citizenry. But when people think they are getting rich, they become consumed with greed and will do whatever they can to conceal and continue this fraud.
This is not unlike what happened with the Madoff Ponzi, people were suspicious for years that this investment scheme was too good to be true and whistleblowers had raised the issue many, many times but it was not until Bernie Madoff finally fessed up to the fraud, that $50 Billion or so of apparent wealth would vanish overnight.
This is exactly what will happen when the President of the United States (which one will it be?) finally has to step forward and admit that he/she and his/her predecessors, back to Lyndon Baines Johnson, have been running what is now a $104.5 Trillion Ponzi scheme that I have named USAPonzi.
At that point in time, what is now $104.5 Trillion of imaginary-counterfeit money/wealth will evaporate into "thin air".
That will be "The Day the Money Runs Out"! The U.S. Government will not have the ability to borrow more money to continue this massive fraud or even to operate the U.S. Government (See The Implosion of USAPonzi and The Bankruptcy of the United States of America).
This fraud is explained in much more detail on my website www.usaponzi.com and in my book “USAPonzi” which is available on Amazon in Kindle and Paperback formats.
This is the biggest ($104.5 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and it is “The Biggest Ponzi Scheme on the Planet”!