Wulfy wrote:
Steve Lamb wrote:
Wulfy wrote:
Erm. What does "ponzi" mean? I can't find it in any of my
dictionaries, so I assume it's American Slang...
http://en.wikipedia.org/wiki/Ponzi_scheme
Thanks, Steve.
Indeed, thanks Steve.
Perhaps, Steve, you should have read this section:
http://en.wikipedia.org/wiki/Ponzi_scheme#Are_national_retirement_programs_Ponzi_schemes.3F
That section explains why national retirement schemes are *not* ponzi
schemes.
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