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IPFS News Link • Economy - Economics USA

The Ultimate Ponzi Scheme, or How the Government Does Business

• Speak Truth 2 Power
One of the biggest problems with today’s debt is that it’s nearly self-sustaining. In other words, in order to pay off the debts coming due, we create more debts that we’ll someday have to pay for down the road. Sound like a Ponzi scheme? That’s because, in a lot of ways, it is! 

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