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Ponzi Financing in Poway California Based on Massively Rising Property Values


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2012 Aug 6, 1:42pm   823 views  1 comment

by Mish   ➕follow (3)   💰tip   ignore  

Ponzi Financing in Poway California Based on Massively Rising Property Values
http://globaleconomicanalysis.blogspot.com/2012/08/ponzi-financing-in-poway-california.html
Mish

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1   TMAC54   2012 Aug 6, 2:42pm  

This scheme is not insane, it's well beyond insane. Unfortunately, I cannot come up with a stronger word to describe it.
Read more at http://globaleconomicanalysis.blogspot.com/2012/08/ponzi-financing-in-poway-california.html#zvXAabXhMt39kWxp.99

How about "GUBMINT"
http://www.youtube.com/embed/maKcNF004a8&feature=related
They are no longer kicking the can, They are now trying to figure out how to LAUNCH it down the road.

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