Thread: Are You A Ponzi

Well Madoffs getting a kicking, he was playing (small scale) what governments have been doing for years, You always get some lowly participant getting the blame! ,
Ponzis work providing new money replaces old debt, *( the old robbing peter/paul bit) The moment money dries up ,big probs,
This is what has happened worldwide, the flow of money ceases, end of the illusion,
There is reckoned to be 8.85 trill $ in cash a/cs , 74% of the value of the US stock market.
So poor old madoff is getting screwed for what the western governments supported

But your borrowing to spend / (or savings),if Obamas trillions of incentives are accepted are a Ponzi scheme!!!!