Ponzi Schemes - The Moment Everything Collapses

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Ponzi Schemes - The Moment Everything Collapses

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About this listen

Nick Ledger examines Ponzi schemes from William Miller's 1899 Franklin Syndicate to Charles Ponzi's 1920 downfall. Exploring historical cases like Gallagher's fraud, we reveal the mathematical impossibility of fabricated returns, collapse phases, and the devastating human cost when trust evaporates.

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