Ponzi Factor | V-Log 1 | Tesla and Market Crash

Hey y'all doing! This time my first V log, a very impromptu V log. So it's Sunday morning, July 29th, and I apologize for the casualness, but there are some ideas that my friends have been bugging me about to get out there because it's gonna be a big week ahead. I'm gonna have a busy day today, so just recording this first thing Sunday morning before I head to the gym.

So, main thing is Tesla. I did not write the book to make Tesla an example in the book, but I was describing a Ponzi scenario, and both Tesla and Google happen to fall into this scenario picture perfectly. So the big news of course this coming week is Tesla's earning reports are coming out. People are expecting big losses, and also Martin Tripp, the Tesla whistleblower, is going to have a follow-up meeting with the SEC.

So, two things about those things. One, I'm actually someone more involved with the Tesla whistleblowing thing than I'm gonna talk about. And two, the whole thing with respect to the whistleblower Tesla scenario that really, really at least makes me feel that more incentive to write about this is not so much that Martin has something negative to say about Elon, and I have something negative to say about Elon. It's in the fact that when Tesla released Martin, as in they fired him, Tesla made a false police report saying that Martin was gonna go to the factory and shoot everyone out, which the police investigated and said was completely false.

That is a huge flag as far as like who's right and who's wrong. It's not about the fact that Elon doesn't like Martin and Martin doesn't like Elon. It's about the fact that Elon and people at Tesla deliberately made a false police report about Martin and the police would investigate it and confirmed that it was false. That is the biggest flag along with all the other flags that Elon has been saying for the past couple of years, which I'm not gonna go into because that'll take a long time.

Another thing about the earnings report that I think is very interesting this time, one, is nothing new of the reported losses. They've been reporting losses since day one, but what's interesting about the loss is now, so they're running out of ways to get money. They have issued bonds, they've already sucked the government dry full of subsidies, so they're running out of ways to get money.

The part I'm mostly concerned about, which is with respect to their stocks and how they've been printing stocks, you would literally pay their bills because their shares outstanding increased by seventy-five million over the past seven years. So the world's taking note of all this now. It's nothing new, but the world is taking note of it, and Elon, I believe, understands that his options are running out, which is why this particular earnings report, even though if it says they lost a lot of money, it's not really new. But it is something people are gonna notice a little bit more now.

Why is all that important? Because that's not actually the most important part that I want to get out there that my friends have been pushing me to get out. It's because, in my opinion, and it is my opinion, but I think I feel pretty confident about this as well, which is if Tesla falls, it is not gonna be an isolated incident. It is actually, I believe, going to be the triggering point for the next entire stock market crash itself, wherein I believe it's similar to a dot-com crash in 1999.

What happened in 1999? You had a bunch of dot-com companies—that is, internet companies—that made no money, but they had stocks that ascended in price because of the Ponzi scenario where people were exchanging money. Ultimately, it just collapsed because, you know, people came to say, "Hey, these companies shouldn't exist. They make no money, so why do they exist?"

We have a similar scenario now; it's just not isolated to internet stocks. According to a study, I think from somebody at the University of Florida—I'll leave the link, I'm not sure if it's the University of Florida—but this person did a study and it was featured in the New York Times as well, where 71 percent of companies last year that went public were all unprofitable, as in they were just total losers. These companies borrowed money to really get out—let's say a restaurant—they give out free sandwiches, they get a lot of customers because they're literally giving out free sandwiches and then they're a business that was never meant to make money.

But the people who started the business, in my opinion, they had one goal in mind, which is: we're gonna get rich not because we're operating a successful company, but because we're gonna get a lot of users, use tricky accounting, and monetize those users. Then when we can monetize those users and create value, crazy theological valuations, we're gonna issue stocks, and then we're gonna make money off of the Ponzi asset stocks that we issue.

Now, that is what I see, even though I don't really like to make any calls, but this is what I kind of foresee given the current scenario, and my friends really encouraged me to get this idea out there, which is that if Tesla falls, it's gonna be the beginning of the next major crash. It's not just gonna be isolated to Tesla.

Let's see what happens. Um, yeah, thank you all for your support! I really appreciate it as a new author. I notice every little detail; all the likes, all the comments, all the subscribes, everything—I know, as a new author, you notice all these little details, and I really do appreciate it. So thank you!

I got some big things coming up; more interviews, bigger interviews are coming up in September, and I am redoing the website so that way all the media, all the videos, and updates will be in one place. The book is coming out on iBooks in the next two weeks, and we'll try to get it on the Nook and other platforms outside Amazon as well next month.

Again, thank you for your support! I really do appreciate it. Alright, bye!