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IPFS News Link • Government

The Coming Collapse Of The Global Ponzi Scheme

• Art of Liberty Daily News

Strong words, but anything less would be naïve. As economist Herbert Stein once said, "If something cannot go on forever, it has a tendency to stop." Case in point: fiat money political regimes. Interventionist economies of the West are in a fatal downward spiral, comparable to that of the Roman Empire in the second century, burdened with unsustainable debt and the antiprosperity policies of governments, especially the Green New Deal. In the global Ponzi scheme, thin air and deceit substitute for sound money. As hedge-fund manager Mitch Feierstein wrote in Planet Ponzi, "You don't solve a Ponzi scheme; you end it." Charles Ponzi and Bernie Madoff ...made some of their investors a whole lot poorer, but the world didn't come crashing down as a result. For that??"?for a Ponzi scheme that would threaten to bankrupt capitalism across the entire Western world??"?you need people much smarter than Ponzi or Madoff. You need time, you need energy, you need moti