Senator John Kennedy: Banks are just … sophisticated ponzi schemes…. Mohamed El-Elrian: We’re making the big banks bigger… We have increased moral hazard.

Senator John Kennedy: "Banks are just … sophisticated ponzi schemes. pic.twitter.com/tBaOIBOsbi — unusual_whales (@unusual_whales) May 6, 2023 "We're making the big banks bigger," says Mohamed El-Elrian on $JPM buying $FRC. "We're changing the conventional wisdom about what is a safe …

READ MORE

2021 will be forever be known as the year that Ponzi schemes went mainstream.

Lmfao. Got to love these markets. pic.twitter.com/1G3ZyS5Rl1 — Shami (@ShamimU61554433) November 2, 2021 Always different this time until its not https://t.co/lca6MPoK6k — Shami (@ShamimU61554433) October 21, 2021 https://twitter.com/NancyTracker/status/1447202742213267466 "History doesn't repeat itself, but it often rhymes" – Mark Twain pic.twitter.com/rGnRItJX24 …

READ MORE

Many Of Today’s Most Owned Stocks Are Ponzi Schemes

Tan Liu interviewed by Chris Martenson of Peak Prosperity Stocks provide a return to today’s investors via two mechanisms: dividends and capital gains. Dividends provide and income stream which can be qualitatively values. Capital gains result from speculation — an expectation that future …

READ MORE