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Sat Apr 27, 2013, 10:03 AM

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.

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Reply How the Economy Is a Ponzi Scheme (Original post)
marmar Apr 2013 OP
rdubwiley Apr 2013 #1

Response to marmar (Original post)

Sat Apr 27, 2013, 03:04 PM

1. We actually responded to this video

Check it out:

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