Charles Ponzi

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Zero Hedge
In China, Nobody Wants To Be A Bagholderpooling money is that cash from new investors can be used to repay existing inv
In China, Nobody Wants To Be A Bagholder
Zero Hedge / Posted 16 days ago
pooling money is that cash from new investors can be used to repay existing investors, as occurs in the scams named after Charles Ponzi. The association reiterated that funds investing in securities are banned from running cash pools and pledged... Read more
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Zero Hedge
Wall Street's Lemmings Have Almost Reached The Cliffthen, the overwhelming share of this explosion of new credit went to pay intere
Wall Street's Lemmings Have Almost Reached The Cliff
Zero Hedge / Posted 1 months ago
then, the overwhelming share of this explosion of new credit went to pay interest on the existing mountain of IOUs. Charles Ponzi could never have imagined a scam so audacious. Nor are the red suzerains of Beijing unique in the headlong... Read more
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Newsmax
The Lemmings Of Wall Streetthen, the overwhelming share of this explosion of new credit went to pay intere
The Lemmings Of Wall Street
Newsmax / Posted 1 months ago
then, the overwhelming share of this explosion of new credit went to pay interest on the existing mountain of IOUs. Charles Ponzi could never have imagined a scam so audacious. Nor are the red suzerains of Beijing unique in the headlong... Read more

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