Sentences with phrase «economy ponzi»

What the day — indeed, the whole year — should be about is not creating misery upon misery for our children and their children and their children, and on and on for generations (see «Is the global economy a Ponzi scheme?

Is the modern, mixed economy a Ponzi scheme at the base?

Not exact matches

In his April 14 newsletter, Chapman wrote, «The effort to save the American economy, which began in 2001, has finally come full circle and the Ponzi scheme is coming unraveled.

This is the deus ex machina, the external influx of credit enabling financialized economies to operate as Ponzi schemes.

Wall Street destroyed the world economy in 2008 with a derivatives Ponzi scheme.

Almodóvar's main criticism is class - based: The economy class is drugged while the business class passengers (an assassin, a Ponzi schemer, a dominatrix named Ms. Take) get wasted and screw around.

«For now, our Ponzi - style economy and its policy remedies encourage bond investors to mimic Uncle Sam and its global compatriots.

This design is not intrinsically a Ponzi scheme: both the population and the economy ought to remain growing for the intermediate future, so there will be at least as much money (and probably much more) for them to pay those bills.

In phase 2, 2030 to 2050, after multiple climate Pearl Harbors and the inevitable collapse of the Ponzi scheme we call the global economy, the world gets truly desperate, and actions that are not plausible today — including widespread conservation — become commonplace (see here for a description of what that collapse might look like).