[percy-l] Percy-L Digest, Vol 59, Issue 2

Nikkibar at aol.com Nikkibar at aol.com
Wed Nov 5 12:32:23 EST 2008

U have a problem with the reference to our present financial woes  as a Ponzi 
Scheme. It has often been referred to that way in the media and as a  writer 
on Ponzi Schemes in general, what's wrong at the moment does not strike  me as 
being that. Both the classic Ponzi Scheme and the present horror are  frauds 
but they are of a quite different nature as frauds -- unless that  is I don't 
quite understand the reference in Mr Riddick's post. Please  explain.
Nikki Barranger
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