Cathie Wood ARK Investment Insanity 210820
August 20, 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 8/20/21
Cathie Wood's ARK Investment strategy is insane! Cathie Wood has no idea what is happening in the global financial system!
Cathie Wood has been fooled by U.S. Government accounting fraud!
That's the bad news! The worse news is, almost everybody has been fooled by U.S. Government accounting fraud!
The corrupt U.S. Government is “cooking the books” by operating its fiscal policy with Cash Accounting rather than proper GAAP Accounting!
Cathie Wood says Michael Burry doesn’t understand innovation space after he bets against ARK fund
AUG 17 2021
I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space,” Wood tweeted on Tuesday morning.
On Monday, regulatory filings spotted by CNBC Pro showed Burry bet against Woods’ ARK Innovation ETF using options.
Burry’s Scion Asset Management bought 2,355 put contracts against the red-hot tech ETF during the second quarter and held them through the end of the period.
Cathie Wood called out Michael Burry on social media after “The Big Short” investor placed a bet against her flagship ARK Innovation exchange-traded fund.
Cathie Wood has got it wrong!
Michael Burry has got it right!
Cathie Wood has got it wrong because the corrupt U.S. Government is “cooking the books” to ensure that the stock market will continue to go up forever! The corrupt U.S. Government is printing an infinite amount of counterfeit money by fraudulently borrowing it from the future Americans so the current Americans can eventually buy anything they want and not have to pay for any of it!
Cash Accounting has created a 52-year long bull market and Cathie Wood thinks this will just keep on going!
It is obvious to me, that Cathie Wood has no clue that this is happening!
To my knowledge, Michael Burry has not disclosed that he is aware that the corrupt U.S. Government is “cooking the books”! He seems to be basing his strategy on the fact that stock valuations are just obviously insane and fluctuating wildly!
Knowing his track record, he certainly must have a sound basis for why stocks prices are so high and so volatile but he has not admitted to knowing about the U.S. Government fiscal and accounting fraud that I call USAPonzi!
Until Michael Burry starts using words like U.S. Government corruption, accounting fraud, Ponzi scheme, and GAAP Accounting, I will not be convinced that he truly knows why Cathie Wood has got it so wrong!
Cathie Wood says stocks are not in a bubble, thinks investors betting against her fund are off base
PUBLISHED THU, AUG 19, 2021
Cathie Wood says confidently that we are not in a bubble when we are in fact in a $154.8 Trillion financial bubble! The corrupt U.S. Government has fraudulently borrowed $154.8 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class! That is a huge, huge bubble!
This is by far the biggest financial bubble in the history of Planet Earth and Cathie Wood has no clue that this is happening!
Cathie Wood's ARK Innovation ETF is heading for disaster! Unfortunately, almost all investment strategies are heading for disaster!
I am a whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is “cooking the books” to make Cathie Wood think she is an investing genius!
The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result 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, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!
So far, the corrupt U.S. Government has printed $154.8 Trillion of imaginary-counterfeit money to make Cathie Wood and Warren Buffett both look like investing geniuses! As long as the corrupt U.S. Government keeps running this Ponzi scheme and keeps on borrowing more counterfeit money from the future Americans, the ARK Innovation ETF and Berkshire Hathaway will both fraudulently continue to go up!
But when this Ponzi scheme is exposed and this Ponzi scheme implodes and this $154.8 Trillion of imaginary-counterfeit money evaporates, the stock market will crash by about 95%!
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 over the next three decades and give it to the U.S. upper class so the stock market will continually and exponentially go up!
My advice to both Cathie Wood and Michael Burry is that they should read my latest book USAPonziE! But they really only need to read the first paragraph or so!
I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books” by not using proper and Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is fraudulently borrowing an infinite amount of counterfeit money from the future Americans, so far $154.8 Trillion, and giving it to the U.S. upper class!
The next 1,100 pages were written to try to convince Planet Earth that this is a really, really bad thing to do!
|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 August 20, 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