Monday, March 30, 2009

KRUGMAN CALLS US ECONOMY A MADOFF PONZI SCHEME...

WHAT WERE THE STOCK BUBBLEZ ..... BUT A PONZI SCHEME...

WHEREIN, THE NEW BUYERS WERE USED TO "PAY OFF" THE OLDER BUYERS....WITH EVERMORE MULTIPLE EXPANSIONS...

SO ON IT WENT...UNTIL THE ESSENTIAL "NEXT BUYER" DIDN'T SHOW UP ONE DAY...

AS THE PREZ OF NAZZ...BERNIE SAW THIS.....

ALL BERNIE DID WAS CUT OUT THE PHONINESS IN THE SYSTEM...

HE BY-PASSED "THE GAME"...AND WENT DIRECTLY TO THE HEART OF THE ISSUE...THE PONZI SCHEME!

THE FRAUD!

BERNIE SAW THE STOCK MARKET AND THE US ECONOMY FOR WHAT IT REALLY WAS...

AND THAT WAS HIS DOWNFALL... AND WILL SOON BE OURS!

IT WAS ALL A MASSIVE PONZI SCHEME...

FOR THE LAST 20 YEARS THE US ECONOMY WAS SIMPLY:

THE GREATEST ECONOMIC FRAUD IN THE HISTORY OF THE WORLD!

SAYS KRUGMAN:

Indeed, these days America is looking like the Bernie Madoff of economies: for many years it was held in respect, even awe, but it turns out to have been a fraud all along.