Monday, 22 December 2008

Spot the difference...

"A Ponzi scheme is a fraudulent investment operation that pays returns to investors out of the money paid by subsequent investors rather than from profit."
Source: Wikipedia

"Pension arrangements provided by the state in most countries in the world are unfunded, with benefits paid directly from current workers' contributions and taxes. This method of financing is known as Pay-as-you-go."
Source: Wikipedia

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