DoorDash Miracle/Debacle 201210
December 10, 2020
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 12/10/20
Same song, umpteenth verse!
DoorDash appears to be a miracle company but it will prove to be a financial debacle!
Wall Street should be starting to get suspicious about why so many IPOs skyrocket!
Here's why, the corrupt U.S. Government is printing counterfeit money, so far $156.0 Trillion! The corrupt U.S. Government is borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!
DoorDash skyrockets in market debut, closes up 85%
PUBLISHED WED, DEC 9 202012:08 PM EST
Shares of DoorDash, a leading food delivery app, started trading on the New York Stock Exchange on Wednesday.
The stock began trading at $182 per share and closed at $189.51. It was priced at $102 per share Tuesday night.
The IPO kicks off a busy season for market debuts. Airbnb is set to go public Thursday, while Roblox and Wish are expected to go public by the end of the year.
DoorDash appears to be successful because the corrupt U.S. Government has printed $156.0 Trillion of counterfeit money so Americans can buy food with monopoly money and have it delivered their homes! $156.0 Trillion can pay for a lot of home deliveries!
The following commentaries explain how the corrupt U.S. Government is committing a fiscal and accounting fraud, by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting), that prints an unending and ever-increasing amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, so the current Americans can buy an unending and ever-increasing amount of food for home delivery!
GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class by undertaxing them!
USAPonzi-The Great American Fraud
Whistleblower Letter #3 to U.S. General Public
Whistleblower Letter #6 to Congress
The devastating impact of this accounting fraud on Planet Earth is summarized in my Oct 1, 2020 commentary.
Quintet of Global Crises (Economy, Climate, Health, Hunger, Depression)
|Cash Deficit in FY2021
|*GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org December 10, 2020
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud 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