Zoom $117.8 Billion Market Cap by Fraud 201120
November 20, 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 11/20/20
The corrupt U.S. Government has printed $155.6 Trillion of counterfeit money to make Zoom's market cap skyrocket!
Zoom hit the ground running with its IPO on April 18, 2019!
Zoom rocketed 72% on first day of trading
PUBLISHED THU, APR 18 2019 11:25 AM EDT
Zoom raised $356.8 million in its IPO, with existing stakeholders selling additional shares.
On Wednesday, the company priced shares at $36, above the top of its most recent range.
The stock traded as high as $66 on Thursday.
Zoom appears to be very valuable because the U.S. Government is very corrupt! The corrupt U.S. Government has fraudulently borrowed $155.6 Trillion from the future Americans so the current Americans can pay a lot to buy video conferences from this outstanding Video Communications company!
The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, that is printing money, I call it imaginary-counterfeit money, by pretending to borrow it from the future Americans and giving it to the U.S. upper class by undertaxing them!
Zoom's value has continued to increase dramatically because this product has become a key tool to provide connections for people because of the Coronavirus Pandemic! Ironically, this Coronavirus Pandemic has been created by this same U.S. Government fiscal and accounting fraud (See Causing Coronavirus Pandemic)!
The following chart shows how the Zoom market cap has continued to go up since its IPO!
Zoom Market Cap 2019-2020 | ZM
Zoom has a current market cap of $117.8 Billion because the corrupt U.S. Government has printed $155.6 Trillion (US Unfunded Liabilities (GAAP) = $155.6T) of imaginary-counterfeit money! The U.S. upper class has been given $155.6 Trillion of imaginary-counterfeit money because the corrupt U.S. Government has fraudulently deferred $155.6 Trillion of public liabilities to the future Americans!
The corrupt U.S. Government is in the process of fraudulently borrowing an infinite amount of imaginary-counterfeit money from the future Americans so Zoom can sell an infinite amount of video conference subscriptions, generate an infinite amount of revenue, make an infinite amount of profit, and give Zoom an infinite market cap!
The Market Cap of Zoom will continue to skyrocket until this U.S. Government corruption is properly exposed!
The Market Cap of Zoom will converge rapidly toward ZERO when this U.S. Government corruption is properly exposed!
The following whistleblower letters 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 imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, so the planet can buy an unending and ever-increasing number of video conferences!
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!
Whistleblower Letter #3 to Planet Earth
Whistleblower Letter #6 to Congress
This 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!
|Cash Deficit in FY2021
|*GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org November 20, 2020
You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or by reading my eighth book on USAPonzi “USAPonziE” which is available on Amazon.
This is the biggest ($155.6 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White