Thursday, January 29, 2009

Ponzi Schemes

It's amazing how Ponzi schemes can happen right under your nose. Then things get bad and everyone tries to get their money out. But they can't because there isn't enough money! This is happening to everyone you know. It's called banks. If everyone tries to get their money out, the bank goes out of business. Sounds like a Ponzi scheme to me.

- schneid

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