[Skybird]

Originally Posted by Happy Times

Seems im not the only one calling it a Ponzi scheme.

Europe is running a giant Ponzi scheme

http://www.ft.com/cms/s/0/ee728cb6-7...#axzz1LdP1ujJY

Good and true one! And written by somebody who should know it: the governor of the Argentine's central bank. He is 100% on target.

He calls it ponzi scheme, but I have a better title for it: Hütchenspiel (thimblerig).