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28-06-2012, 11:06 AM
(This post was last modified: 28-06-2012, 11:27 AM by Jared Seah.)
It has happened, and will happen again.
We are living in times of financial manipulations.
Some got shocked when someone suggested banks can be a ponzi scheme.
Well, Allen Stanford is one such banker.
Some countries are no better. Keep saying our finances are OK, our banks are well capitalised, but what happened? Now finally admit and ask for bank bailouts.
Once upon a time, some western people believed in the big welfare states with all its wonderful entitlements. After a lifetime of contributions, now under austerity, the promised pension is cut, and heavens forbid, entitlements are being reviewed...
Is this a ponzi?
What more about companies and their promises?
I not negative. I open eyes big big.
We are living in times of financial manipulations.
Some got shocked when someone suggested banks can be a ponzi scheme.
Well, Allen Stanford is one such banker.
Some countries are no better. Keep saying our finances are OK, our banks are well capitalised, but what happened? Now finally admit and ask for bank bailouts.
Once upon a time, some western people believed in the big welfare states with all its wonderful entitlements. After a lifetime of contributions, now under austerity, the promised pension is cut, and heavens forbid, entitlements are being reviewed...
Is this a ponzi?
What more about companies and their promises?
I not negative. I open eyes big big.
Just google singapore man of leisure