Ralph Panhuyzen
1 min readAug 19, 2020

--

What has been described is basically a Ponzi scheme. Capital and (virtual) personal wealth is accumulated by people who buy shares. It has NO relation with the underlying economy. Question is when will it all collapse? Surely, some investors will decide to pull the plug on frivolous funds such as Uber...

--

--

Ralph Panhuyzen
Ralph Panhuyzen

Written by Ralph Panhuyzen

Dutchman identifying how high-tech bypasses common sense to sell us a solution that often misses the point what true progress is all about

No responses yet