>Max Sawicky > >A Ponzi scheme is inherently unsustainable, doomed to blow up, >because of the imbalance between payouts and in-go.
Max, a growing number of people are saying the same thing about our economy. In fact, a few weeks ago, one of my list members, who just got his PhD, called the global economy a Ponzi. I agree with him for the reasons you give: "imbalance between payouts and in-go." Jay _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
