Blue_Morpho, 6 months ago When Lehman Brothers went bankrupt in 2008 because of the sub prime mortgage collapse, that wasn’t a ponzi scheme either. Call it outright fraud, I don’t care. Fuck China. Taking out loans to buy real estate that go down in value isn’t a ponzi scheme.
When Lehman Brothers went bankrupt in 2008 because of the sub prime mortgage collapse, that wasn’t a ponzi scheme either.
Call it outright fraud, I don’t care. Fuck China. Taking out loans to buy real estate that go down in value isn’t a ponzi scheme.