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Without government, who will implement the ponzi schemes?
Topic Started: Apr 18 2016, 02:52 PM (447 Views)
estonianman
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Most American cities find themselves caught in the Growth Ponzi Scheme.

We experience a modest, short term illusion of wealth in exchange for enormous, long term liabilities.

We deprive our communities of prosperity, overload our families with debt and become trapped in a spiral of decline.

The Growth Ponzi Scheme
Edited by estonianman, Apr 18 2016, 02:52 PM.
MEEK AND MILD
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clone
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Director @ Center for Advanced Memetic Warfare
Social security...the largest Ponzi scheme in the history of man...btw without gov't who would run the junior ponzi schemes...lotteries...
Only liberals can choose not to go down the road to widespread, systematic violence.
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Drudge X
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If federal, state, and city governments are required to file income statement and balance sheets, the people would revolt.
Kate Steinle was separated from her family permanently but leftists didn't seem to mind.
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estonianman
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clone
Apr 18 2016, 04:45 PM
Social security...the largest Ponzi scheme in the history of man...btw without gov't who would run the junior ponzi schemes...lotteries...
this is interesting though - this has more to do with Keyensian spending on public works projects based on debt.

Its bad even with capital transfers masking most of the bad numbers.
MEEK AND MILD
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