Do what thy manhood bids thee do,
From none but self expect applause:
He noblest lives and noblest dies
Who makes and keeps his self-made laws."
~ Sir Richard Francis Burton
Our Ponzi Economy
Submitted by William Muller on Mon, 2008-12-22 16:00
in
?The United States Government runs its own balance sheet based on the Ponzi principle as well...The whole scheme depends on an ever growing supply of new lenders, or the willingness of existing lenders, to continue to roll over maturing notes. Of course, as was the case with Madoff, if enough of our creditors want their money back, the music stops playing."
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