Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

marmar

(76,982 posts)
Sat Apr 27, 2013, 10:03 AM Apr 2013

How the Economy Is a Ponzi Scheme





Published on Apr 19, 2013

Bill Gross, Nouriel Roubini, the Wall Street Journal and many others say that our entire economy is a Ponzi scheme. The world's economy is built on a system that requires ever more people to consumer ever more products. Building an economy that constantly leverages the prosperity of a society's future is bad enough: the fact that ours might fail sooner than later is cause for great alarm. As fertility rates continue to fall, we are in danger of losing the sheer numbers of consumers it will require to keep our current Ponzi-like economy going. The Resident (aka Lori Harfenist) investigates.


1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
How the Economy Is a Ponzi Scheme (Original Post) marmar Apr 2013 OP
We actually responded to this video rdubwiley Apr 2013 #1
Latest Discussions»Retired Forums»Video & Multimedia»How the Economy Is a Ponz...