Bernard Madoff's Ponzi scheme was one of the biggest, but he's got a lot of company. Here's a list of the "9 Most Brazen Ponzi Schemes in History," from Charles Ponzi (yep, that's why we call it that) to Social Security. [Neatorama]
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While Social Security would seem to fit the Ponzi scheme definition a key factor is missing. If you care to know and be informed, the scheme is transparent and known.
Traditional Ponzi schemes hide what they are doing.
@ColoradoShark: @ColoradoShark:
true; but we are required to participate, so transparency is sort of a moot point
My vote is for the Social Security program.