Stock Market Record Highs!
February 22, 2017
The stock market sets new record highs because the U.S. Government prints $15.40 Billion of imaginary-counterfeit money every day!
As of February 22, 2017, the U.S. Government has printed $105.2 Trillion of imaginary-counterfeit money.
The stock market appears to be only place an investor can make money these days! The pundits on TV are amazed that the stock market continues to go up! They say that the stock market is climbing a "wall of worry"! Some say the stock market is undervalued because the earning potential of companies continues to increase! There is a continuous chorus that this company or that company beat revenue projections and beat earning projections! Then we hear that this company or that company is buying back stock because they cannot find a better place to put their money!
Things look like they cannot get any better for the stock market. Warren Buffett is making billions! Bill Gates is making billions! The Walton Family is making billions! Hedge fund managers are making billions! Football players, basketball players, golfers, and entertainers are making millions even billions!
This is all very easily explained!
The U.S. Government has borrowed $105.220 Trillion from the future Americans and given it to the current Americans! No big surprise here! The U.S. Government is simply using fiscal and accounting fraud to borrow/steal $105.220 Trillion of monopoly money from the future Americans and give it to the current Americans! The only problem is that the future Americans do not have $105.220 Trillion!
Apple makes billions because we are buying their iPhones with this monopoly money!
Tesla, Toyota, Mercedes, Honda, GM, Ford, etc. make billions because we are buying their cars with this monopoly money!
Amazon and Nike are making billions because we are buying their stuff with this monopoly money!
The Saudi princes are worth billions because we are buying their oil with this monopoly money!
Vladimir Putin is worth billions because the planet is buying Russian oil with this monopoly money!
House prices continue to go up because we are buying them with this monopoly money!
Donald J. Trump is an imaginary billionaire because of this monopoly money!
Folks, you need to wake up and smell the coffee! The U.S. Government is corrupt! The senior officials in the U.S. Government are criminals! The stock market is all a hoax because the global economy is a hoax because we have a bunch of scoundrels, liars, and cheaters running the U.S. Government.
I would not hurt for you to read my Open Letter to Planet Earth one more time!
The stock market goes up for one reason and one reason only! The U.S. Government has produced $105.220 Trillion of monopoly money by borrowing it from the future Americans. GAAP Accounting reports this amount as US Unfunded Liabilities (GAAP) because the U.S. Government has overspent on a Cash basis by $20.0 Trillion and underfunded the future liabilities by $85.2 Trillion.
As long as the U.S. Government continues to operate this Ponzi scheme, the stock market will continue to set new record highs. When USAPonzi implodes, the stock market will crash by about 85%.
|Cash Deficit in FY2017
|GAAP Deficit in FY2017
|US Unfunded Future Liabilities
|| $85.2 Trillion
|US Unfunded Liabilities (GAAP)
|| $105.2 Trillion
| Total National Assets
Source: www.usdebtclock.org February 22, 2017
This U.S. Government fiscal and accounting fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government.
I have published another website www.usaponzi.net that I think better explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans.
This fraud is explained in CliffsNotes format (USAPonzi CliffsNotes) and is also explained in much more detail on my website www.usaponzi.com and in my book “USAPonzi” which is available on Amazon in Kindle and Paperback formats and on my website in PDF format.
This is the biggest ($105.2 Trillion) financial fraud ever perpetrated, I call it "USAPonzi: The Ultimate Government Fraud" and it is "The Biggest Ponzi Scheme on the Planet"!
John W. White