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A comment on The Growth Ponzi Scheme. Parent comment

Re:The Growth Ponzi Scheme by jancsika on Sunday July 04, 2021 @09:47AM (#27729594)
> But the point is they are not spending enough on infrastructure.

OP said the point-- referenced in the article-- was that they are Ponzi schemes. If that is true then user treis is correct: we should see at least one municipality that went bankrupt from this problem.

[ Parent | on HN ]
Re:The Growth Ponzi Scheme by tom_ on Sunday July 04, 2021 @09:52AM (#27729632)
The whole point of a Ponzi scheme is that it works, for a while.
[ Parent | on HN ]