Netflix Insanity caused by US Gov Fraud 210902
September 2, 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 9/2/21
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, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $156.2 Trillion from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of movies from Netflix with monopoly money!
Netflix financial results, as reported, are a hoax and insane beyond belief!
Netflix Stock Price 2002-2021 | NFLX
Market Cap = $260.5B
Annual Sales = $27.8B (TTM)
Market Cap to Sales Ratio = 9.4
Stock Price = $588.55
Earnings = $9.65 (TTM)
Price to Earnings Ratio = 61.0
This fraudulent and outrageous Netflix financial performance is caused by the corrupt U.S. Government printing $156.2 Trillion of counterfeit money (US Unfunded Liabilities (GAAP)) by borrowing it from the future Americans and giving it to the U.S. upper class by undertaxing them so the current Americans and people in the developed world can buy movies from Netflix with monopoly money!
The following is not politically correct but it is true!
Washington is filled with criminals or fools for committing this accounting fraud and Wall Street is filled with fools or criminals for not discovering this accounting fraud!
The outrageous stock market valuation of Netflix is a striking example of how fraud, corruption, and greed have taken over Washington and Wall Street!
The corrupt U.S. Government is committing a fiscal and accounting fraud that is printing an infinite amount of counterfeit money and given it to the U.S. upper class to give Netflix, and most other stocks, outrageous revenue, earnings, and market caps!
The users of Netflix are now paying for movies with $156.2 Trillion of counterfeit money that the corrupt U.S. Government has already fraudulently borrowed from the future Americans!
This is a massive fraud because the future Americans do not have $156.2 Trillion!
When Planet Earth finds out that the U.S. Government is corrupt, the stock price and the market cap of Netflix, and most other stocks, will converge to ZERO!
The financial information for Netflix, as shown above, is all a hoax produced by U.S. Government corruption!
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!
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 by 2041 and give it to the U.S. upper class so Planet Earth can buy a whole-hell-of-a-lot-more Netflix movies with a Quadrillion dollars of imaginary-counterfeit money!
The fools on Wall Street have been fooled by the criminals in Washington! In the defense of Wall Street, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!
|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 September 2, 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.
My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!
John W. White