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The phrase "Ponzi scheme" is misused so much it has become meaningless. A Ponzi scheme is a very specific type of fraud. Ever-increasing immigration to sustain
by kaashif 4y ago
The phrase "Ponzi scheme" is misused so much it has become meaningless.
A Ponzi scheme is a very specific type of fraud. Ever-increasing immigration to sustain a >1 worker-to-retiree ratio is more like a pyramid scheme, but one that will take decades or maybe a century to really stop working.
- pauldenton 4y agoIt is not a pyramid scheme either though.