USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Luka Doncic Contract Insanity 210816
August 16, 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 8/16/21


Luka Doncic just signed a five-year $207 Million contract with the Dallas Mavericks!


This is insanity! This is fraud!


The
corrupt U.S. Government has fraudulently borrowed $154.7 Trillion of counterfeit money (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class so the Dallas Mavericks can pay Luka Doncic $207 Million of counterfeit money to play basketball!


This is fraud because the future Americans do not have $154.7 Trillion!


Luka, the Dallas Mavericks, and the U.S. Government are lying to and tricking you!


Slam
Luka Doncic Agrees to Five-Year, $207 Million Contract Extension
BY JACKSON WALD AUGUST 10, 2021




“I always wanted to sign this.”


Those were among Luka Doncic’s first words after signing a five-year contract extension with the Dallas Mavericks worth 207 million.


“It’s a really special moment here. Thank you to Dallas for offering me this,” Doncic said. “I still kind of don’t know what to say because I never imagined this happening. I was only dreaming to only play in the NBA, but now I can sign an extension with the Dallas Mavericks for five more years, which I never had a doubt about.


The insanity of this $207 Million contract is caused by corruption within the U.S. Government!


The Dallas Mavericks can foolishly make this deal with Luka because the criminals in Washington have fraudulently borrowed $154.7 Trillion of monopoly money from the future Americans and given it to the U.S. upper class so the current Americans can pay a whole lot of monopoly money to watch Luka play basketball!


I am a whistleblower! The U.S. Government is corrupt!


The corrupt U.S. Government is “cooking the books” to make this Mavericks' deal with Luka Doncic look workable!


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 $154.7 Trillion of imaginary-counterfeit money so the current Americans can pay big money to watch Luka play basketball! 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 Mavericks will be able to pay Luka even more counterfeit money!


But when this Ponzi scheme is exposed and this Ponzi scheme implodes and this $154.7 Trillion of imaginary-counterfeit money evaporates, very very few people will be able to pay what the Mavericks must charge for tickets to pay Luka $207 Million!


When this Ponzi scheme implodes, Luka's salary will not be paid, the Mavericks, as we currently know them, will be out of business, and Luka will be paid $thousands rather than $millions if he still wants to have a job playing basketball! Having to pay pro athletes with real money will not be good for the pro athletes!

 
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 pay for pro athletes will keep going up until someone in a position of power admits that the U.S. Government is corrupt!




In a thirty-minute press conference after the signing, Doncic answered questions from the media about his contract. One member asked him what he planned to spend it on.


“Yeah, it’s a great sum, but I’m still not thinking about this,” he said. “I haven’t bought myself anything worthwhile yet from this. But I need to process it more before I start spending.”


My advice to Luka is to do one of two things; spend it cautiously on durable and usable assets that will survive this Ponzi scheme or spend it all recklessly and lavishly before it evaporates!

 

US National Debt  $28.6 Trillion 
Cash Deficit in FY2021  $3.19 Trillion 
GAAP Deficit in FY2021 
$17.67 Trillion 
US Unfunded Future Liabilities  $126.1 Trillion 
US Unfunded Liabilities (GAAP)  $154.7 Trillion 
Imaginary-Counterfeit Money 
$154.7 Trillion 
US Total National Assets 

$176.0 Trillion 

Source: www.usdebtclock.org August 16, 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

Plano, TX