Sentences with phrase «political ponzi scheme»
«Given the # 50m figure is a work of fiction, this is a political Ponzi scheme with Dominic Cummings acting as Vote Leave's Bernie Madoff.»
https://www.totalpolitics.com/ Not exact matches
But for now we're stuck with the consequences and costs of a giant Ponzi scheme: Lawmakers have promised teachers retirement benefits that the system can not afford, because the promises were based on short - term political considerations and willfully bad (or thoroughly incompetent) math.
It is how Madoff types can build giant Ponzi schemes and political tyrants disguise the bankruptcy of their policies.