Madoff's Ponzi principal used by United States Government
source: http://www.financialsense.com/fsu/editorials/schiff/2008/1217.html
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- resolute
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Numbers don't lie. Dr. House said it.
Well, our government cannot keep spending money it doesn't have without consequences. Just like Madoff's Ponzi ended because he lost investors to keep the scheme going, the U.S. Treasury (being broke and) without enough tax payers to keep the interest paid, our country is going to reap the same consequences.
Eventually our creditors will want their money. That means all the United States has as assets and its citizens, their assets too, will be awarded to those that lent the money and didn't get paid back.
Our politicians are professional Ponzi schemers.
God have mercy on us.
Well, our government cannot keep spending money it doesn't have without consequences. Just like Madoff's Ponzi ended because he lost investors to keep the scheme going, the U.S. Treasury (being broke and) without enough tax payers to keep the interest paid, our country is going to reap the same consequences.
Eventually our creditors will want their money. That means all the United States has as assets and its citizens, their assets too, will be awarded to those that lent the money and didn't get paid back.
Our politicians are professional Ponzi schemers.
God have mercy on us.
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- tags:
- Politicians, Investors, Madoff, Ponzi scheme, 3 more
