You can rarely get away with Ponzi schemes. For an example of a less regulated country, check out the Albanian schemes [1] which reached 50% of GDP and then led

You can rarely get away with Ponzi schemes. For an example of a less regulated country, check out the Albanian schemes [1] which reached 50% of GDP and then led to rioting, civil war, the fall of the government. [1] http://www.imf.org/external/pubs/ft/fandd/2000/03/jarvis.htm http://www.imf.org/external/pubs/ft/fandd/2000/03/jarvis.htm