The Mess That Greenspan Made: Confidence games and Ponzi schemes

In this instance, the “victims” of the confidence game are not so much “cheated” out of their money as they are coerced to spend it when doing so works against their best interests – in a few months time, after the thrill of driving a …

View original here:
The Mess That Greenspan Made: Confidence games and Ponzi schemes

Comments are closed.