Birdwatch Note Rating
2025-03-03 00:23:21 UTC - HELPFUL
Rated by Participant: 7DF3C8CEB03A3D2289C2123DBBCA457295CFB516DE0DE82A5846722CB27E316A
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Original Note:
This is a metaphor or literal comparison. Defined by IMF: A Ponzi scheme is a fraudulent investment scheme that pays investors with money from new investors instead of profits. The scheme collapses when it can't attract enough new investors. https://www.imf.org/external/pubs/ft/fandd/2010/03/monroe.htm#:~:text=Ponzi%20schemes%E2%80%94named%20after%20Boston,DMG)%20sold%20prepaid%20debit%20cards.
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