The property bubble wasn't a ponzi scheme, it was suckers who thought you couldn't miss with property, just like the suckers who bought gold and silver in 2011.
At least with a property you can live in it.
Storm Financial. A finance company offering geared up risky products to naive investors.
CBA. Hardly a ponzi scheme or a scam.
Gold and silver scams really are a dime a dozen, and Fudley61 here was told by his gold 'financial advisor' that the Aussie govt. could confiscate his gold. And he believed it. LOL
There's one born every minute.
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