Why are so many Ponzi schemes surfacing now?

The market downturn that began in 2008 and continued into 2009 did two things. First, it slowed or stopped the flow of new money into many Ponzi schemes as investors became more cautious. Second, existing investors who faced increasing financial pressures during the market meltdown were no longer content to “roll over” their investments and started asking for their money back.

Those two scenarios turned out to be extinction-level events for the operators of several Ponzi schemes, which desperately need that ever-increasing pool of money to repay earlier investors. The huge media attention generated by Bernie Madoff’s $50-billion US Ponzi scheme also helped to focus more attention on lesser “too-good-to-be-true” investment schemes. In other words, previously contented investors started asking difficult questions.

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I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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