Birdwatch Note Rating
2025-03-02 04:55:58 UTC - HELPFUL
Rated by Participant: BE694D409D330EB0735517B6475B856DCC1C82444CF74860567B857625088F62
Participant Details
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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