Isn't the global economy just a state-backed Ponzi scheme?

If everyone on the planet simulataneously wanted all their equity in a big pile of cash (or gold) what proportion would they be able to be given?

Ponzi was able to repay about 70% of his debts if I remember correctly. How does that compare to the 2020 global economy?

Posted By: Timmy_Goat on September 20th 2020 at 20:58:02

Message Thread

I see HSBC could be in a bit of bovver (General Chat) - emmaroyds, Sep 20, 20:14:03
- Isn't the global economy just a state-backed Ponzi scheme? (General Chat) - Timmy_Goat, Sep 20, 20:58:02
- Yes this is serious shit. (General Chat) - JoeyDeacon, Sep 20, 20:21:35
  - I'm not too savvy with financial skulduggery (General Chat) - emmaroyds, Sep 20, 20:25:27
    - Yes saw that earlier (General Chat) - JoeyDeacon, Sep 20, 20:28:21

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