Quote:
Originally Posted by dellinger63
It's a game of three card monte showing the bank/pension and race card while hiding the social security fund card.
Imagine if the banks had lost $2.7 TRILLION, not on bad bets but simply embezzled it? You know like the government has done. And then imagine being forced to continue paying 12% of everything you make so the one who embezzled the money can make good on it. 
ALL Ponzi schemes eventually end and when this one does it will be very ugly. |
Would it have been a Ponzi scheme if it wasnt looted but invested and simply acieved market returns?