Bankers: Hey, stupids! Didn't anyone tell you... The recession is over! Little Banker: ...So we took your money and wisely invested it in ourselves.
“If you buy this house for $100K, next year you can sell it for $200K.” “If you buy this company for $100mil, next year you can sell it for $200mil.” How is that not a Ponzi scheme?
April 12, 2017
“If you buy this house for $100K, next year you can sell it for $200K.” “If you buy this company for $100mil, next year you can sell it for $200mil.” How is that not a Ponzi scheme?