Is the USD a ponzi scheme?
A ponzi scheme promises a high return, but is not backed by actual earnings. It gives a high return by taking the money from the later investors to pay the earlier investors. The USD now gives a high return. The US government does not collect sufficient taxes to pay the return. Instead, it prints more money and uses it to pay...
Massive Greed is Contagious
These days every freaking things have become extremely expensive, let me name you a few:- 1. BTO near million or cross million 2. Egg cost more than $7 3. A few strand of vegetables more than $2 4. Public transport fare very short distance more than $1.5 and multiple increase every year, public transport is now a profit machine! 5....
Xi And Putin; Out Of Whack?
The last comparable friendships to Putin and Xi were probably Stalin and Hitler, Krushchev and Mao, or Mao and Ho. One figures; given the asymmetry, it might be useful to keep in mind when thinking about both the motivations for such friendships. This Xi/Putin partnership is not based solely on economic considerations, nor is...
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