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by Waterluvian 1496 days ago
And is it so surprising that the Ponzi scheme collapses when the general economy is having a bad time?
1 comments
unicornmama 1496 days ago
It has more to do with lending rates. The 10 year peaked above 3% and ibonds now yield 9.6%. Ponzi’s are getting a one-two punched. Suckers now have alternatives to seek better returns. Scammers and exploiters now pay to leverage up ponzi run ups.
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Waterluvian 1496 days ago
Fair enough. I just see it all as one interrelated ball of spaghetti economy.
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