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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.
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