Everybody Loves a Ponzi

Everybody Loves a Ponzi‘Perhaps there is still time to defeat history.’-Daniel OliverMr. Oliver must be an unreconstructed optimist. An un-mugged Democrat. A man enjoying his first vote…or his second marriage.The history he is referring to is the one we know so well. It is the history of booms and busts…and of great nations laid low by the ‘fatal conceit’ of their leaders.All bubbles burst.All paper currencies become worthless.All empires decline and fall.it is a repeatable, predictable, investable history ...