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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Zillow Real Estate Lunacy by US Gov Fraud 210505
May 5, 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 5/6/21


The
corrupt U.S. Government is causing The Housing Bubble!


Zillow’s
Earnings Smashed Forecasts because the
corrupt U.S. Government has fraudulently borrowed $147.7 Trillion from the future Americans so the current Americans can buy and build a lot of houses, apartments, condoscars, airplanes, cruise ships, smartphones, etc. etc!


This is absolute lunacy! The
 corrupt U.S. Government is “cooking the books” so we can build a lot of houses, apartments, and condos, that we do not need, cannot afford, and will not be able to use!


Zillow
is doing great supporting this booming but fraudulent real estate market that has been created by the corrupt U.S. Government!


BARRON'S
REAL ESTATE  EARNINGS REPORT
Zillow’s Earnings Smashed Forecasts as Housing Market Strengthens
By Eric J. Savitz
May 4, 2021


Driven by continued strength in the residential real-estate market, Zillow Group posted better-than-forecast first quarter results.


For the quarter, Zillow (ticker: Z) reported revenue of $1.2 billion, up 8% from a year ago, and above the company’s guidance range of $1.069 billion to $1.112 billion. The consensus call on Wall Street had been for $1.1 billion.


Non-GAAP profits were 44 cents a share, above the 25 cents Wall Street expected. Adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization, was $181 million, well ahead of the guidance range of $114 million to $138 million. The figure was only $5 million in the year-earlier quarter.


Zillow beat its own forecasts in all of its business segments. In the Homes segment, which includes the Zillow Offers iBuyer business, revenue was $704.1 million, down 9% from a year ago, but well above the guidance range of $595 million to $620 million. In the IMT segment—an acronym for internet, media and technology, which includes the company’s core Premier Agent service—revenue was $446.3 million, up 35%, and ahead of the guidance range of $415 million to $428 million. In mortgages, the company had revenue of $68 million, above the company’s forecast range of $59 million to $64 million.


The corrupt U.S. Government is “cooking the books” to come up with $147.7 Trillion of counterfeit money to build houses we do not need and cannot afford!


The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is not accruing for future U.S. Government benefits and as a result is fraudulently borrowing money from the future Americans, so far $147.7 Trillion, and giving it to the current Americans so we can buy and build a lot of houses, apartments, and condos!


The corrupt U.S. Government is building houses, apartments, and condos we cannot afford in places where we cannot effectively use them! We are currently building most of our housing accommodations in big cities where the occupants cannot find productive work to support a self-sustaining lifestyle!


The corrupt U.S. Government welfare state is packing non-working people closer and closer together in nicer and nicer housing accommodations that are being bought and built with money fraudulently borrowed from the future Americans!


I contend that the corrupt U.S. Government welfare state is causing the Coronavirus Pandemic! The corrupt U.S. Government welfare state is packing non-working people closer and closer together to transmit germs locally and printing counterfeit money so non-working people can travel extensively without paying for it so we can spread germs globally almost instantaneously!


We need to be spreading the population much more evenly and separated one from another across rural America where people can perform self-sustaining tasks close to the land! We used to call this farming!


The corrupt U.S. Government is fraudulently enriching the U.S. upper class with an infinite amount of counterfeit money, so far $147.7 Trillion, so the U.S. upper class and the rest of the Americans can buy and build some really nice houses, apartments, and condos!


The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing trillions of imaginary-counterfeit money, so far $147.7 Trillion, from the future Americans and giving it to the U.S. upper class so the current Americans can buy, build, and rent houses, apartments, and condos without having to pay for them!


The corrupt U.S. Government is in the process of printing an infinite amount of imaginary-counterfeit money that is masquerading as real money so we can buy more and more nicer and nicer houses!


The following chart gives a graphical projection of how the corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans over the next few decades and give it to the U.S. upper class so Americans can buy, build, and rent a whole lot more houses, apartments, and condos!




The corrupt U.S. Government is lying to and cheating the U.S. general public by promising but not funding future benefits so they can enrich the U.S. upper class with trillions of imaginary-counterfeit money and so Americans can build a lot of houses, apartments, and condos with money that has been fraudulently borrowed from the future Americans!


The U.S. general public is not going to be happy when they find out that they are being cheated so the U.S. upper class can build some really fancy houses, apartments, and condos!


Many (most?) of these houses, apartments, condos, cars, airplanes, cruise ships, smartphones, etc. etc. will have to be abandoned when this Ponzi scheme that I call USAPonzi implodes!


Zillow
is doing great supporting this booming but fraudulent real estate market that has been created by the corrupt U.S. Government!

US National Debt  $28.2 Trillion 
Cash Deficit in FY2021  $3.26 Trillion 
GAAP Deficit in FY2021 
$13.94 Trillion 
US Unfunded Future Liabilities  $119.5 Trillion 
US Unfunded Liabilities (GAAP)  $147.7 Trillion 
Imaginary-Counterfeit Money 
$147.7 Trillion 
US Total National Assets 

$161.7 Trillion 

Source: www.usdebtclock.org May 5, 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 also be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX