Planet Ponzi

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The one where the good guy, Jimmy Stewart, stands up in the Senate protesting the graft and corruption he sees all around him. The Eurozone crisis and the LIBOR manipulation scandal are just two symptoms of a much broader one of vastly excessive debt, regulatory failure, a culture of deceit on Wall Street and the City of London, and governments that have promised their citizens far more than they can deliver.

Planet Ponzi by Mitch Feierstein | Waterstones Planet Ponzi by Mitch Feierstein | Waterstones

Under the terms of the deal, the paint company’s generators had to be built and “placed in service” by year’s end.If you converted even some of that to solar—particularly if you were first to market—you could become very rich. Prior to this he was Senior Portfolio Manager of the Cheyne Carbon Fund, part of one of the largest and best-respected hedge-fund groups operating in Europe. Some 12 years after bitcoin’s launch, and six after Ethereum’s debut as a blockchain that could be programmed in a way that permits NFTs to be issued, the technology’s many promised and radical innovations have yet to arrive. At his sentencing, on November 9, 2021, in a federal courthouse in Sacramento, he apologized to the government, investors, and his family. At DC Solar’s 2017 holiday party, an executive named Mark Hughes lionized Carpoff as an epoch-making inventor.

Planet Ponzi: How the World Got Into This Mess, What Ha…

The aggressive deals that Knapp and Milder helped design for DC Solar were as alluring as Carpoff’s solar invention.You can imagine a solar tower with black smoke coming out of it,” the public-safety director at a university that tried them told me. As with any book like this, the later you read it the more out of date it is, but found this very accessible, and invaluable for understanding ongoing financial news stories. The book breaks down what he describes as Planet Ponzi - that the entire economic system is one enormous financial fraud - and that we are living in the biggest bubble in history.

Planet Ponzi: How Politicians and Bankers Stole Your Future

To safeguard free speech, we need more speech, not censorship enacted by Silicon Valley oligarchs or ‘Ministries of Truth’ acting as a speech Stasi to shield the world from misinformation, disinformation, and hate speech. Jun 8 • 5M Introduction To Planet Ponzi Democracy thrives on freedom of speech, the open exchange of ideas, and the free will of its well-informed citizens. Power would sometimes suddenly cut out—plunging makeup trailers for Disney’s Alexander and the Terrible, Horrible, No Good, Very Bad Day into darkness, and apparently leaving Pink’s trailer without air-conditioning at an MTV concert.For those of us not involved in high finance, the combination of jargon and the size of the numbers involved is difficult to grasp. Despite the problems our NHS has, I do feel that it is prioritised, and that anything deemed unacceptable is brought to the fore.