3 ms·
Why not use "unsustainable" instead of "Ponzi scheme?"
by bonzoesc 15y ago
Why not use "unsustainable" instead of "Ponzi scheme?"
- near_acorn 15y agoI think people are emphasizing the peculiar relationship between investment/growth and staving off disaster. Oil is "unsustainable" it is not a Ponzi scheme (in the popular sense) because if people doubled the amount of oil they bought this year this would, in general, bring the endgame closer and not further.