If you have a sane economy, and by sane economy I mean one which is not addicted to debt, not a Ponzi economy, then the change in debt each year should contribute a minor amount to demand. Therefore, if you tried to correlate debt to the level of unemployment you would not find much of a correlation. Unfortunately that is not the economy we live in.
No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run.
The economy is a ponzi scheme. People are working harder than they ever have for less wages, but we have so many bobbles because manufacturing has come up so quickly over the past hundred years that people have the illusion of wealth.
Capitalism is not a Ponzi scheme. Capitalism is a scheme of free markets.
The whole government is a Ponzi scheme.
I don't understand people who just live to exist, live to be OK. Live to be regular, live to be average. It doesn't make any sense to me. I live to be the best. I don't live to be good. You only get one life, and I live to be great. I live to be special.
Madoff Securities is the world's largest Ponzi scheme.
In the great scheme of things, what matters is not how long you live but why you live, what you stand for and what you are willing to die for.
The welfare state may be well-intentioned, but it is a Ponzi scheme
Washington treats Social Security like a Ponzi scheme.
Social security isn’t a ponzi scheme. It’s not bankrupting us. It’s not an outrage. It is working.
The financial system as a whole has had the characteristics of a Ponzi scheme if we look at it fundamentally.
In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses.
Our oceans have been the victims of a giant Ponzi scheme, waged with Bernie Madoff-like callousness by the world's fisheries.
They chatter together like birds on Cypress Hill, but all they say is 'Live, live, live, live, live!' It's all they've learned, it's the only advice they can give.
Live while you live, the epicure would say,
And seize the pleasures of the present day;
Live while you live the sacred preacher cries,
And give to God each moment as it flies.
Lord, in my views let both united be;
I live to pleasure when I live to thee.