Travel Frenzy Explained 210727
July 27, 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 7/27/21
In this commentary I will explain the current Travel Frenzy!
a state or period of uncontrolled excitement or wild behavior.
We are in a Travel Frenzy, some might call it a Travel Bubble, because the U.S. Government is corrupt!
We are in a Travel Frenzy because the corrupt U.S. Government is fraudulently borrowing money from the future Americans so the current Americans can travel on the future Americans’ nickel!
So far, the corrupt U.S. Government has borrowed $153.5 Trillion from the future Americans so we can travel a lot without having to pay for it!
Leisure travel has made a startling comeback, but business travel's recovery could still be years away
July 24, 2021
Leisure travel is making a strong comeback, but corporate travel is still lagging behind.
It seems like everyone in the US is rushing to book their summer "revenge vacation." But there's one segment of travel that's lagging behind: business travel.
Most of us might be laser-focused on leisure vacations right now, but the revival of business travel is crucial for hospitality and travel companies. Before COVID-19, business travelers made up 12% to 15% of trips on larger airlines but generated about 45% of airlines' revenue.
And while leisure demand has passed complete recovery, business travel is still lagging behind by 60%, Scott Kirby, United Airlines CEO's, told John Dickerson on CBS' "Face the Nation." Similarly Southwest Airlines' "business travel component" was down 69% in June, Gary Kelly, Southwest Airlines chairman and CEO, told Bloomberg. Kelly predicts this segment will continue to be down 50% by September, and will then improve afterwards.
The corrupt U.S. Government is causing this startling and strong comeback of leisure Travel!
The corrupt U.S. Government is in the process of printing an infinite stream of counterfeit money so Americans can travel a whole-hell-of-a-lot and not pay for any of it!
The corrupt U.S. Government stayed busy printing counterfeit money during the Covid shutdown, so when the shutdown was over the home-bound Americans were immediately ready to spend this counterfeit money on travel!
According to the estimates by www.usdebtclock.org, the corrupt U.S. Government has borrowed $25.1 Trillion of counterfeit money from the future Americans since February 29, 2020 so Americans have a good bit of extra counterfeit money available for travel!
US Unfunded Liabilities (GAAP)
|February 29, 2020
|July 27, 2021
|Printed since Covid
The corrupt U.S. Government has already fraudulently borrowed a total of $153.5 Trillion of monopoly money from the future Americans so we could fraudulently pay for a lot of travel!
The corrupt U.S. Government is filling up Planet Earth with cars, airplanes, and cruise ships to support this fraudulent travel that is allegedly to be paid for by the future Americans!
Someone in a position of power needs to figure this out soon because this is what is causing Global Warming and the Coronavirus Pandemic!
I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, to fraudulently enrich America and the U.S. upper class!
The corrupt U.S. Government has inverted the global monetary system which is now operating on imaginary-counterfeit money that is being fraudulently borrowed from the future Americans and given to the U.S. upper class!
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, by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class by undertaxing them! The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!
The following is a notional chart that shows how, with the current fraudulent fiscal policy, the corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans over the next three decades to fraudulently enrich the U.S. upper class and fraudulently pay for a whole-hell-of-a lot of Travel!
The Criminals in Washington are fraudulently enriching the U.S. upper class by $153.5 Trillion with imaginary-counterfeit money by “cooking the books” which is causing the current leisure Travel Frenzy!
Most Americans cannot afford to travel outside of their living zone with their real money!
Many Americans can currently travel anywhere and everywhere by fraudulently spending their imaginary-counterfeit money!
|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 July 27, 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 also be downloaded from my www.usaponzi.net website.
John W. White