Confidence games and ponzi schemes
Confidence Games and Ponzi Schemes
By Lynn Henderson
The United States economy continues its plunge into the greatest financial crisis since the Great Depression of the 1930s, dragging in its wake the entire world’s financial system. What is the cause of this now world-wide economic catastrophe? Without a clear understanding of its root causes we will not be able to find a way out. Rather the crisis itself will be used to inflict even greater damage on its chief victims, working people here and around the world.