Biggest Ponzi Scheme in History

A Ponzi scheme as defined by Investopedia:

A fraudulent investing scam that promises high rates of return at little risk to investors. The scheme generates returns for older investors by acquiring new investors. This scam actually yields the promised returns to earlier investors, as long as there are more new investors.

also…

A Ponzi scheme is similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers….

Oh, and don’t forget…

For both schemes, however, eventually there isn’t enough money to go around and the schemes unravel.

Why do I bring this up as the senate is about to vote on the “reformed” $700 billion dollar rescue package?

There is an incredible amount of riches tied up in real estate and equities. The baby-boomer generation, who have experienced the most prosperous years in the worlds history are about to retire. Enjoying a prosperous retirement is almost entirely dependent upon real estate prices remaining high. Not only that but they need future buyers to purchase their assets at inflated prices so they can retire rich and fat.

However, this Ponzi scheme will collapse just as they all do. The younger generations cannot support the baby boomers because there is not enough money to go around. The rescue package is a blatant attempt to prop up asset prices so the holders can quietly exit the markets before getting slaughtered. They are trying to stick the future generations with the bill, and it will be huge.