Relevant:
- This housing bubble could break our banks
- AIG Was A Ponzi Scheme Even Before Derivatives
- The burden of unsupportable debt. US debt-to-GDP growing at a pace rivaling certain European nations -- The dramatic problems of peak debt in 2012.
- Doug Noland: Bubbles & Schemes
- Three Key Reasons Housing Not Coming Back: Demographics, Student Debt, No Jobs
2011-04-11 — businessinsider.com
""It's great fun while it lasts, but all Ponzi Schemes end for the simple reason that they must: they aren't 'making money', but simply shuffling it--and growing debt. When new entrants can't be enticed to join the game, the shuffling stops and the Scheme collapses under the weight of accumulated debt"
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