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

By: micro in POPE IV | Recommend this post (1)
Thu, 20 Jul 17 1:50 AM | 88 view(s)
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Msg. 29494 of 47202
(This msg. is a reply to 29485 by monkeytrots)
Jump:

Quite right my dear professor.

However, they wasn;t just ANY dupes.

They was dupes who had no choice..... Like all of us...

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The above is a reply to the following message:

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

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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