Mega Ponzi Scheme ...
I was reading an article recently where the author while acknowledging that the US was in terrible financial shape, was quite confused on how the country got into this mess.
Its quite simple really - The US, and most other countries, in the last few years started operating like a giant ponzi scheme with new borrowing servicing old commitments. The entire world, and not just Madoff is guilty.
Its quite simple really - The US, and most other countries, in the last few years started operating like a giant ponzi scheme with new borrowing servicing old commitments. The entire world, and not just Madoff is guilty.
Comments
I was reading ur blog posts and found some of them to be very good.. u write well.. Why don't you popularize it more.. ur posts on ur blog ‘Idea Mani’ took my particular attention as some of them are interesting topics of mine too;
BTW I help out some ex-IIMA guys who with another batch mate run www.rambhai.com where you can post links to your most loved blog-posts. Rambhai was the chaiwala at IIMA and it is a site where users can themselves share links to blog posts etc and other can find and vote on them. The best make it to the homepage!
This way you can reach out to rambhai readers some of whom could become your ardent fans.. who knows.. :)
Cheers,
Ray
I would love to see you write more articles.please do write about some sports action also.