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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Zoom Insanity caused by US Gov Fraud 210901
September 1, 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 9/1/21


Zoom Video financial results
, as reported, are insane beyond belief!


Zoom Video Communications Market Cap 2019-2021 | ZM

Market Cap = $86B
Annual Sales =  $4B (Last Qtr X 4) 
Market Cap to Sales Ratio = 21.5
Stock Price = $289.50
Earnings = $5.44 (Last Qtr X 4)
Price to Earnings = 53


These are nose bleed numbers and the Zoom Market Cap is now nominally half what it was at the peak of $160B during the height of the Covid crisis!


Zoom nose bleed financial performance is caused by the corrupt U.S. Government printing $156.2 Trillion of counterfeit money and giving it to the U.S. upper class!


The following is not politically correct but it is true!


Washington
is filled with criminals and 
Wall Street is filled with fools!


The stock market valuation of Zoom Video is a striking example of how fraud, corruption, and greed have taken over Washington and Wall Street!


The corrupt U.S. Government has committed a fiscal and accounting fraud that has printed $156.2 Trillion of counterfeit money and given it to the U.S. upper class to give Zoom Video outrageous revenue, earnings, and market capitalization!


Users of Zoom
are paying for these services with $156.2 Trillion of counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


Let me say that another way, the corrupt U.S. Government is printing counterfeit money, so far $156.2 Trillion, so we can pay for our Zoom sessions with monopoly money!


When Planet Earth finds out that the U.S. Government is corrupt, the market cap of Zoom Video will converge to ZERO!


The recent earnings report by Zoom may in fact prove to be a reason for Wall Street to take a serious look at why Zoom financial performance is insane beyond belief! Zoom just announced its first quarter of $1 Billion revenue but cautioned that usage is slowing!


CNBC
TECH

Zoom shares slide 10% on slowing growth
AUG 30 2021
Jordan Novet


Zoom posted a higher-than-expected earnings forecast for the full year, but the revenue guidance exactly met expectations.


The company announced a plan to acquire cloud contact-center software maker Five9 for $14.7 billion in stock in the quarter.




Zoom shares fell 12% in extended trading on Monday after the video-calling software maker reported fiscal second-quarter earnings that beat analysts’ expectations but showed slowing growth versus the previous quarter.


Here’s how the company did:


Earnings: $1.36 cents per share, adjusted, vs. $1.16 per share as expected by analysts, according to Refinitiv.


Revenue: $1.02 billion, vs. $991.0 million as expected by analysts, according to Refinitiv.


Revenue increased by 54% year over year in the quarter, which ended on July 31, according to a statement. In the previous quarter revenue had grown 191%. Next quarter, Zoom is guiding to 31% growth.


The results reported above are 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 over the next three decades and give it to the U.S. upper class so Planet Earth can pay for a whole-hell-of-a-lot of Zoom sessions 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  $28.7 Trillion 
Cash Deficit in FY2021  $3.10 Trillion 
GAAP Deficit in FY2021 
$18.14 Trillion 
US Unfunded Future Liabilities  $127.5 Trillion 
US Unfunded Liabilities (GAAP)  $156.2 Trillion 
Imaginary-Counterfeit Money 
$156.2 Trillion 
US Total National Assets 

$177.0 Trillion 

Source: www.usdebtclock.org September 1, 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