What Phase Three of the Credit Cycle Looks Like: the Ponzi Scheme Visualized
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~by Sean Paul Kelley Courtest my alma mater Morgan Stanley, we have this
graphic that perfectly depicts what the AI-Ponzi scheme looks like and just
how in...
2 hours ago
1 comment:
Do people rationalize their advantages because they have a guilty conscience? I think not. If they indeed felt guilty they would do more to help the poor. Most people think it is owed them even if they did little (or nothing) to deserve their wealth.
Saw an interesting show on Sargent Shriver on PBS the other night. I think he was genieunely concerned about the underclass. The program stated he might have been the v.p. candidate in 1964, but the Kennedy family said Bobby deserved it more so he had to refuse.
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