Stock Market is a ponzi scheme.

Quote from ElCubano:

anything that is being artificially propped up is most definitely a ponzi scheme....had madoff had the power to make money out of nothing he would still be at his game.
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Excellent post. I agree 100%.
 
Equity market (or any other market based on real value) by itself is not a Ponzi scheme. It's how it's players operate is what makes it a Ponzi scheme.

The real question is, how does one remove the manias out of the stock market??? You can't change human nature, and there is free choice, one can buy or one can refuse to buy.

Part of the problem is the current system of credit cycle headed by the Fed.
 
Quote from ElCubano:

anything that is being artificially propped up is most definitely a ponzi scheme....had madoff had the power to make money out of nothing he would still be at his game.
More...

agreed...without a doubt.
 
life is one big ponzi scheme.
lol loaded up on material goods
that equates to nothing in the end.

but sure is nice to have :P lol
 
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