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Other => Politics & Society => Topic started by: thirdlight on October 05, 2011, 09:59:25 AM



Title: Ponzi ?
Post by: thirdlight on October 05, 2011, 09:59:25 AM
Saw this:
Quote
The banks and those regulating them believed that the bubble would never stop growing, that markets were always self-correcting, that greed was always good, that their ponzi schemes would never collapse, and that none of the debts would ever turn bad.
from George Osborne's speech to the Conservative Party Conference (http://www.conservatives.com/News/Speeches/2011/10/Osborne_together_we_will_ride_out_the_storm.aspx).
 ;D



Title: Re: Ponzi ?
Post by: DrTeddus on April 19, 2016, 10:33:18 AM
Fractional reserve banking basically


Title: Re: Ponzi ?
Post by: davis196 on April 21, 2016, 06:39:32 AM
All the capitalism is a big ponzi.It grows untill the resources are gone....


Title: Re: Ponzi ?
Post by: Jasad on April 21, 2016, 07:53:50 AM
All the capitalism is a big ponzi.It grows untill the resources are gone....
yes that's right dude,all capitalism are big ponzi schame,they perfectly run with good plan,and its why rishman keep growing rich,and poorman going more poor on that scheme.