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To: Tempest
Not even close. People already know it's a Ponzi Scheme and is going broke.
13 posted on 08/29/2011 12:13:13 PM PDT by tobyhill (A Democrat that doesn't lie would be a lie)
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To: tobyhill
Not even close. People already know it's a Ponzi Scheme and is going broke.

Correction, it is a Ponzi Scheme with Treasuries that cannot be traded, and are esentially IOU's in place of the former Cash Deposits/Assets. So we have an non-trading fictious asset that is actually a Liability. IMHO is it BROKE....

58 posted on 08/29/2011 12:37:48 PM PDT by taildragger (( Palin / Mulally 2012 ))
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