i could have mabey gone straight to the point,they are ponzi schemes by definition,but they arnt as vulnerable to failing in the usual ways ponzi schemes do,because its government conducting them,for instence ponzi schemes require a constant inlow of new capital,another way for them to fail is the person or people running them leave with everything,or economic decline because people with withdraw their investments,with government none of that can happen(govt likes to assume the economy wont fail) but its still theft.
was medicare supposed to work yeah, but not for us.
was medicare supposed to work yeah, but not for us.
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