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All Comments (129)
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Calling Social Security a ponzischeme is not right!
Ponzi and Madoff acually had to convince their victims to invest in them and do all the work to keep up appearances. The gov't just points guns and extorts the money from you but i guess the politicians do a good job at selling that crap to the public. With a ponzischeme you can choose to participate, with SS you can't.
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@Guesswhokk if you prefer, you can simply run away with everybody's money, before they discover you're running a Ponzi Scheme
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@NOyaPara lol
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so once Ponzi scheme started, it cannot end it? so no exit strategies? does that means if you wanna start ponzi scheme you will have to continue the scheme secretly till you die or get caught. what a life just to make yourself rich.
BTW, can ponzi scheme modify a bit to work like "fixed term saving", i.e. signing a contract that you cannot get your returns let say 3 years time, if so you can only get the original money that you put in?
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That is how banks, the American government, and credit agencies work. It shouldn't be illegal. Its ingenious.
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@senoner90 He's screwed.
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what if the investor wants the $20,000 after one year, what's the Ponzi schemer gonna do?
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real business can be built around that actualy is built
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Trollfinancing!
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Bernie made off with all the money :D lol
Hey People who wants to make 10 000Bucks in one year ? :D
Message me :D
NOyaPara 3 months ago 15
And that's how banks work.
Imagine how good their scheme is, their returns look realistic and that it is still going!
TrollingGr 2 months ago 12