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Old 12-29-2009, 07:00 PM   #21
Steve Romer
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Join Date: Nov 2009
Posts: 53
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Quote:
Originally Posted by Neill Smith View Post
CF could not be a Ponzi scheme. Ponzi schemes, by definition, take investment and pay returns on that investment. It's a scheme because money from today's investors is used to pay off yesterday's investors. If there are no investors tomorrow, it collapses. CF isn't an investment vehicle.
I agree that CF isn't a Ponzi Scheme; it runs more like a cult. All profits are funneled to a few at the top and everyone else get very little in return except for joy of being in the CF Cult.
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