OK - one last note before we leave this topic.
Some observant readers have asked me - isn't this a PONZI scheme rather than a PYRAMID scheme?
The answer, of course, is yes. The great Albanian Pyramid Scheme is actually the Great Albanian Ponzi scheme.
So - why call it by the wrong name?
Blame the International Monetary Fund. The IMF initially called them Pyramid schemes and the name stuck. But - I am glad that my readers know the difference!
We will begin a new topic tommorrow.
http://www.tauskvega.com
-------------->>>>>>>>>>>>>gene tausk
Some observant readers have asked me - isn't this a PONZI scheme rather than a PYRAMID scheme?
The answer, of course, is yes. The great Albanian Pyramid Scheme is actually the Great Albanian Ponzi scheme.
So - why call it by the wrong name?
Blame the International Monetary Fund. The IMF initially called them Pyramid schemes and the name stuck. But - I am glad that my readers know the difference!
We will begin a new topic tommorrow.
http://www.tauskvega.com
-------------->>>>>>>>>>>>>gene tausk
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