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 Msg. #  Subject Posted by    Board    Date   
29494 Re: Social Security Will Be Paying Out More Than It Receives In Just 5 Years...
   Quite right my dear professor. However, they wasn;t just ANY dupes....
micro   POPE IV   20 Jul 2017
1:50 AM
29487 Re: Social Security Will Be Paying Out More Than It Receives In Just 5 Years...
   [color=green][b][i]mt:[/i][/b][/color] re: [b]"Silly me - slipped m...
Decomposed   POPE IV   19 Jul 2017
11:04 PM
29486 Re: Social Security Will Be Paying Out More Than It Receives In Just 5 Years...
   BTW: This is the primary reason that the US gubmint has been lying abo...
monkeytrots   POPE IV   19 Jul 2017
10:58 PM

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Re: Social Security Will Be Paying Out More Than It Receives In Just 5 Years...

By: monkeytrots in POPE IV
Wed, 19 Jul 17 10:54 PM
Msg. 29485 of 47202
(This msg. is a reply to 29482 by Decomposed)
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Recently I called 'bitcoin' and other 'cryptocurrencies' the largest Ponzi Scheme in history.

Silly me - slipped my mind that SOCIAL SECURITY is the longest running and largest PONZI SCHEME in modern day history.

Cryto's may one day eclipse it ... but for now SS holds the title.

Was a Ponzi Scheme from day one - always depended on ever increasing population - the fundamental marker of all Ponzi schemes. When you run out of dupes, it collapses, with those that came in last losing the greatest amount of money.

There is no way to make such schemes work once it runs out of cash cows to milk.




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Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ...