the outcry over pyramids and 419s
On my way home from a gig that didn't happen I got to thinking about pyramid schemes and 419s and why there is such a huge outcry over them. After all, everyone who gets involved knows what they are putting at stake right?
...then it hit me. These things lay bare the western finance system: the pyramid is your large chain - "trust me, if you keep putting your little money into me (buying what I produce at prices I set) eventually you'll make something out of it, but since I started it I'll take home the millions first, you just keep at it, it will soon be good for you". I mean, when you think about it McDs, Boots and Tesco wouldn't be growing more and more profitable if new victims weren't being added to the pyramid all the time either through current customers or the influence of adverts or... aha... franchises. If that's not pyramid I don't know what is! Now 419 is your standard investment scheme or even some banks/lenders - "put some money here and you may or may not make money on this investment and we may or may not offer you loans/capital; it depends on whether or not we like you..."
It's a funny old world, and I need sleep to survive it!
Labels: how funny
new learning
I think I'm learning that a blog is a bit like breathing. Short, sharp and constant. Let's see how long it takes for me to implement that knowledge. Maybe as long as it takes for "UN-controlling states" to recognise and act against genocide when there is material gain in the bargain?
Labels: united nations
