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      10/06/21 10:53

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    • PONZI SCHEME 2 The  articleD by Kevin Stankiewicz makes an interesting point and the definition he points out is ALSO true, in my view.    "Ponzi scheme is a type of fraud whereby crooks steal money from investors and mask the theft by funneling returns to clients from funds contributed by newer investors."    But taking it as it is then we can apply it to various other areas, seemingly. FOR EXAMPLE:    Q.E. encourages and creates greater and greater debt build up, and entraps all financially into  over debtedness, as encouraged by  the Monetary Theory used by the FED. In the end it collapses and various clever but complex solutions are advised by the same people who used flawed theories as being gospel truth.  A financial nuclear bomb gone off, markets crashes big time, a recession or depression ensues. All suffer. The flaws in the system are ignored or not recognised, during the frency of making a billions in profit. So, we have a roller coaster system.    Majority of companies and millions of people who were not involved in it suffer AND THE COUNTRY'S TAXPAYER HAS TO PAY FOR it ALL THOSE SUBSIDES THAT THE GOVERNMENTS ARE ADVISED TO DO (PLAUSIBLE REASONS USED ). It becomes covert stealing by funneling indebted businesses and banks who's debts get shifted to the central banking system or by tax write offs so effectively charging the government, by "professional" advise, to take on toxic debts to "save" the economy and the system from "collapsing", and the politicians from losing popularity or the Office.    Now, as reported in the media, a Debt Jubilee is being considered as a "solution". It has been used is past history too. But it did NOT WORK IN THE PAST AS WE HAVE ENDED UP WITH A SIMILAR PROBLEM NOW.     Those who have studied the financial history and John Law and the "Mississippi Scheme and bubble, and the "South Sea Bubble" that was in the similar time using his idea gives rise to out current system.    The Banking System was supposed to be a fractional system where a portion of income from depositors is supposed to be used for lending. Today this has been made extremely complex by lending x amount and this end product is again it is used as a derivative. Risk taking has gone in a frency. It just needs a major collapse,  to create a falling domino effect.    So, the question comes back to:   WHAT IS A PONZI SCHEME?    AND WHO RECOGNISES THE PRIMARY CAUSE, THE WHY OF THE WHOLE SITUATION IN THE PRACTICE OF FINANCE AND ECONOMICS. FOR GOOD RULES AND GUIDELINES OF PAST GENERATIONS HAVE BEEN OVER LOOKED.    CAN ANYONE FIGURE THOSE OUT?    “I cannot teach anybody anything. I can only make them think”    “Strong minds discuss ideas, average minds discuss events, weak minds discuss people.” ― Socrates      
    • Exactly This !! Chris Sky, right then and now. All adds up to enforced Chinafication.     Meanwhile, The very strict mask mandate in Germany is clearly ... err ... not working.       And of course ... Triple vaxed doctor gets Covid, passes it to another triple vaxed doctor. Solution: more boosters and keep banning those unvaccinated super spreaders from society. Two Israeli doctors infected with Omicron, hospital says | Reuters   And 1 sane politician.  
    • it's all in the thread, shame you never read it before jumping in with your opinion of it, it would save a lot of your time and confusion.
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