Thread: Ponzi Scheme?
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Old 09-24-2010
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underdog1425 underdog1425 is offline
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Madoff turned himself in btw. And most of his (his investors I should say) money was never found. He will be one RICH and dead mofo when he gets out.

But I really like this argument of yours, sure does put things in perspective.

I also like the argument that the past two recessions were supposed to be depressions but we 'fixed' them with dropping interest rates etc. A free market is like an organism, it will do what it needs to, and if it needed to go through a depression and we put bandaids on it to lessen the impact....then a depression is still on the way.
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