The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"  USAPonzi    Copyright Declaration     by John W. White   Mar 29, 2013

All-Time Highs Mystery Solved 200624
June 24, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 6/25/20.


I am a whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is being run by common criminals!


The mystery of all-time highs in the stock market!


The pundits on TV cannot explain why the stock market continues to set all-time highs!


The high-powered economists all over the planet cannot explain why the stock market continues to set all-time highs!


The U.S. Congress has no clue why the stock market continues to set all-time highs!


The Federal Reserve Bank has no clue why the stock market continues to set all-time highs!


Donald Trump has no clue why the stock market continues to set all-time highs!


Let me solve the mystery!


The U.S. Government is in the process of fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so people all over Planet Earth can fraudulently buy an infinite amount of everything!


Most companies can do really well if the corrupt U.S. Government prints an infinite amount of  counterfeit money and gives it to the U.S. upper class!


The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting). The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class with GAAP basis deficit spending!


So far, the corrupt U.S. Government has fraudulently borrowed $152.9 Trillion (US Unfunded Liabilities (GAAP)) of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class. When this imaginary-counterfeit money is spent by the U.S. upper class, it is propogated all over Planet Earth so almost everybody in the developed world eventually gets some of this infinite supply of imaginary-counterfeit money so they can help buy an infinite amount of everything!


The stock market is getting a special boost in FY2020 because the corrupt U.S. Government is fraudulently borrowing, on average, >$73.4 Billion a day (GAAP deficit in FY2020 = >$26.8T/365 days = >$73.4B/day) from the future Americans and giving it to the U.S. upper class so we can buy even more stuff this year than ever before!


Prior to this current health and finanical crisis, the corrupt U.S. Government was typically borrowing only $16-17 Billion a day from the future Americans and giving it to the U.S. upper class! The typical GAAP deficit, prior to the current crisis, was just a little over $6 Trillion a year so $6.0T/365 days = $16.4B/day!


The corrupt U.S. Government has, so far, printed $152.9 Trillion of imaginary-counterfeit money so Americans, and the rest of the planet, can fraudulently buy a lot of stuff and charge it to the future Americans!


The stock market goes up a lot faster when the corrupt U.S. Government fraudulently borrows a lot more monopoly money from the future Americans and gives it to the U.S. upper class


As long as the corrupt U.S. Government keeps running this Ponzi scheme that is in the process of borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper classthe stock market will continue to set all-time highs!


The stock market sets all-time record highs simply because the U.S. Government is corrupt!


The following are links to my
whistleblower letters to the U.S. General Public and to the U.S. Congress in an attempt to expose this fraud and corruption within the U.S. Government that is causing the stock market to set all-time highs!


Whistleblower Letter #1 to the U.S. General Public

Whistleblower Letter #5 to the U.S. Congress



US National Debt  $26.3 Trillion 
Cash Deficit in FY2020  $2.92 Trillion 
GAAP Deficit in FY2020  >$26.8 Trillion 
US Unfunded Future Liabilities  $126.6 Trillion 
US Unfunded Liabilities (GAAP)  $152.9 Trillion 
Imaginary-Counterfeit Money  $152.9 Trillion 
US Total National Assets  $133.1 Trillion 

Source: www.usdebtclock.org June 24, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP)US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$26.8 Trillion (>$152.9T-$126.1T = >$26.8T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon in Kindle or Paperback format and can be downloaded from my www.usaponzi.net website in Kindle or pdf format.


This is the biggest ($152.9 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX