26 Jan 2023 1:35 pm
We know you hate the democratic republic and would prefer a trump led autocracy.Skans » 26 Jan 2023, 1:37 pm » wrote: ↑ Oh, come on, you and I both know that Ponzi schemes take many forms. From the "Airplane Game" of the 1980's to Glen Turner's "Dare to be Great" program, and many others. So, a "Retirement Plan" can be a Ponzi scheme same as anything else. The main concept in all of these schemes is that they:Yes, this IS the definition of our present Social Security program. Social Security is a true Ponzi Scheme.
- entice with a larger payout than what you put in
- the payout is dependent upon getting others to participate and put money into it
- the scheme works until it gets so large that it is exponentially more difficult to get new people to contribute the money necessary to keep it going.