[PeterPrinciple]

Oh Ponzis can end well.

Caesar owed his troops many months of pay. So they marched into Egypt and took all the gold in Cleopatra’s treasury.

Presto, payment.

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and presto payment, your retirement plan is gone to pay others. sounds like a plan

[Owen]

Well of course. I thought you were suggesting it cannot end well in that it would fail.

No, Ponzi’s don’t have to fail. Brute force can fix anything, other than oil scarcity. Brute force generally has no power over geology.