The Entire Economy Is a Ponzi Scheme

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ponzi scheme

Bill Gross, Nouriel Roubini, Laurence Kotlikoff, Steve Keen, Michel Chossudovsky, the Wall Street Journal and many others say that our entire economy is a Ponzi scheme.



Former Reagan budget director David Stockton just agreed:

 

So did a top Russian con artist and mathematician.

 

Even the New York Times’ business page asked, “Was [the] whole economy a Ponzi scheme?

In fact – as we’ve noted for 4 years (and here and here) – the banking system is entirely insolvent. And so are most countries. The whole notion of one country bailing out another country is a farce at this point. The whole system is insolvent.

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Source Article from http://www.secretsofthefed.com/the-entire-economy-is-a-ponzi-scheme/

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One Response to “The Entire Economy Is a Ponzi Scheme”

  1. reynolds says:

    Re: THE ENTIRE ECONOMY IS A PONZI SCHEME.

    We could narrow that thought down to the Jew, and more recently, Jeffrey Epstein. He borrowed money from the now crumbling Deutsche Bank. Crumbling? I wonder why? Epstein produced nothing of benefit, consumer wise to anyone. Recall that Lehman Bros also precipitated the 2008 Global Recession. And recall that just yesterday, Jew Bernie Madoff made off with 50 billion dollars in unearned money. THE JEW CONTROLS MUCH OF THE WORLD’S WEALTH AND THUS POWER. Do you think that money was earned honestly?

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The Entire Economy Is a Ponzi Scheme

0
0

ponzi scheme

Bill Gross, Nouriel Roubini, Laurence Kotlikoff, Steve Keen, Michel Chossudovsky, the Wall Street Journal and many others say that our entire economy is a Ponzi scheme.



Former Reagan budget director David Stockton just agreed:

 

So did a top Russian con artist and mathematician.

 

Even the New York Times’ business page asked, “Was [the] whole economy a Ponzi scheme?

In fact – as we’ve noted for 4 years (and here and here) – the banking system is entirely insolvent. And so are most countries. The whole notion of one country bailing out another country is a farce at this point. The whole system is insolvent.

Comments

comments

Source Article from http://www.secretsofthefed.com/the-entire-economy-is-a-ponzi-scheme/

Related Posts
A global agreement to make fossil fuel burning more expensive is urgent and the most
Tasnim – Central Organization for Rural Cooperatives of Iran (CORC) has started new cooperation with
IRNA – Governor of the Central bank of Iran (CBI) Abdolnasser Hemmati said less than
Tasnim – Islamic Revolution Guards Corps (IRGC) Commander Major General Hossein Salami said the recent
MNA – An Iranian lawmaker said that the United Arab Emirates is trying to revise

Hits: 0

You can leave a response, or trackback from your own site.

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