The real cause of the financial crisis -- An MIT Blackjack Team perspective

Re:The real cause of the financial crisis -- An MIT Blackjac... by whacked_new on Thursday January 15, 2009 @10:37AM (#435227)

Are you familiar with the Albania example? I wish the author elaborated more on it.

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Re:The real cause of the financial crisis -- An MIT Blackjac... by larryfreeman on Tuesday January 20, 2009 @03:01AM (#441526)

Here's a Wikipedia article on the 1997 Albanian Crisis that was initiated by a ponzi scheme: http://en.wikipedia.org/wiki/1997_unrest_in_Albania

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Re:The real cause of the financial crisis -- An MIT Blackjac... by whacked_new on Monday January 26, 2009 @11:20AM (#450569)

Thanks! If we are to believe globalsecurity.org, which is quoted verbatim as a "primary source" in the article, it seems like the UN played an important role in restoring Albania's order.

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