491 Elon -- "Yeah umm, that is definitely not the reason it failed." (media.greatawakening.win) 🤡 Clown World 🌎 posted 1 year ago by purkiss80 1 year ago by purkiss80 +491 / -0 47 comments download share 47 comments share download save hide report block hide replies
Charles Ponzi failed because people lost confidence in him.
They lost confidence in giving him money and expecting it back.
So yea. Ponzi schemes fail because people 'lost confidence'.
But they're destined to fail anyway.
WSJ reinventing the wheel, but this time it's a square.