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- Embed this notice>it's not a ponzi scheme
>it's our money
Okay, so where is this money then? :think_side:
>A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
Their money is gone, the bankers squandered it. ALL OF IT. Without new investors, senior investors aren't going to get paid. Period. It's totally a Ponzi scheme. Unless the buck gets passed they are the ones who get screwed. That's why they need this unsustainable scheme to keep chugging along, at least until they get paid. What happens to everyone else after that is absolutely of no concern to them.