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CGI3 · 11-18-2009, 09:34 PM

This has been going on for over 100 years. Nothing new. New investors, pay old. And it can, and does in many cases go on for quite some time. All the cards come crashing down when 20-30% or more of the investors ask for ALL their money back at the same time. Google Charles Ponzi, believe me, he was not the first, and certainly won't be the last.

11-18-2009, 09:34 PM	#31
CGI3 Senior Member Join Date: Jul 2009 Posts: 91 Thanks: 135 Thanked 18 Times in 11 Posts	Ponzi scheme, plain and simple This has been going on for over 100 years. Nothing new. New investors, pay old. And it can, and does in many cases go on for quite some time. All the cards come crashing down when 20-30% or more of the investors ask for ALL their money back at the same time. Google Charles Ponzi, believe me, he was not the first, and certainly won't be the last.