To: uncbob
There's a clear difference. A Ponzi scheme is a plan whose investment success solely depends on latecomers putting in money to pay off those who get in earlier AND WHICH IS BOUND TO END IN A BUST. Sounds like SS.
16 posted on
12/09/2004 6:32:47 PM PST by
maro
To: maro
There's a clear difference. A Ponzi scheme is a plan whose investment success solely depends on latecomers putting in money to pay off those who get in earlier AND WHICH IS BOUND TO END IN A BUST. Sounds like SS.
So are bank accounts and the stock market THEY ALL DEPEND ON MORE PUTTING IN THEN TAKING OUT
17 posted on
12/09/2004 7:04:55 PM PST by
uncbob
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