Stock market overvaluation and general economy shitfuckery doesn’t make it a pyramid scheme, which is a very specific type of financial crime.
Pyramid schemes involve organizations that can only survive with a constant flow of new investors because they don’t actually make any money from whatever the business is supposed to be doing i.e. selling goods and services to consumers.
Microsoft brings in significant revenue from selling it’s products to end users, which means it’s not a pyramid scheme.
…that’s not what a Pyramid scheme is.
Everyone puts their money in a stock for infinite growth and then it all collapses once every 20 years because the infinite growth is not real.
Sounds a lot like it.
Stock market overvaluation and general economy shitfuckery doesn’t make it a pyramid scheme, which is a very specific type of financial crime.
Pyramid schemes involve organizations that can only survive with a constant flow of new investors because they don’t actually make any money from whatever the business is supposed to be doing i.e. selling goods and services to consumers.
Microsoft brings in significant revenue from selling it’s products to end users, which means it’s not a pyramid scheme.
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2008 lmaooo
You’re right, it’s more akin to a ponzi scheme.
…No… you’re using very specific financial crimes as a catch-all description for financial engineering.
Words have meaning. You might as well say Microsoft is a bank robber, because that’s also a financial crime of sorts.