Pyramid Schemes

Terry Donaghe (tdonaghe@yahoo.com)
Mon, 17 Aug 1998 05:26:27 -0700 (PDT)

Simply put, the economy of Albania (I think) completely collapsed because of the many pyramid schemes which came about after the downfall of communism. Everyone seemed to do just fine until they ran out of new "investors." Then the bottom fell out and nearly everyone (except maybe for the lucky very few at the top) lost all their money.

Pyramid schemes in this country are *extremely* illegal. ==



Terry Donaghe
Pancritical Rationalist
Transhumanist
Extropian
Libertarian
"Live free forever or die, dammit!"

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