Alexander Jung: “Ponzi Planet: The Danger Debt Poses to the Western World” Date: 2012
The Essential Primary Sources
Table of Contents
Alexander Jung: “Ponzi Planet: The Danger Debt Poses to the Western World”
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Abstract
When Carlo Ponzi, a dishwasher from Parma, Italy, immigrated to the United States in 1903, he had $2.50 in his pocket and a million-dollar dream in his head. He was able to fulfill that dream, at least temporarily. Ponzi promised people that he would multiply their money in a miraculous way: by 50 percent in six weeks. With his carefully parted hair and charming accent, Ponzi beguiled investors and fueled their avarice. The first investors raked in fantastic returns. What they didn’t know was that Ponzi was simply using the next investors’ money to pay them their profits.
Contents
- Globalization
- Deng Xiaoping: “Emancipate the Mind” Date: 1978
- Alexander Solzhenitsyn: “A World Split Apart” Date: 1978
- Nelson Mandela: “We Have Waited Too Long for Our Freedom” Date: 1990
- Aung San Suu Kyi: “Freedom from Fear” Date: 1991
- Benjamin R. Barber: “Jihad vs. McWorld” Date: 1992
- Nelson Mandela: Inaugural Address Date: 1994
- UN Human Rights Report on Zaire Date: 1996
- Osama bin Laden: Declaration of Jihad against Americans Date: 1996
- Interview with the Dalai Lama on China, Hatred, and Optimism Date: 1997
- Óscar Arias: “Thoughts on Peace” Date: 1997
- Condoleezza Rice: Keynote Address at the Annual Meeting of the World Economic Forum Date: 2000
- Joschka Fischer: From Confederacy to Federation Date: 2000
- Bin Ladin Determined to Strike in US Date: 2001
- Robert C. Byrd: “We Stand Passively Mute” Speech Date: 2003
- George W. Bush: Address to the Nation on Military Operations in Iraq Date: 2003
- Hugo Chávez: Speech at the Opening of the Twelfth G-15 Summit Date: 2004
- Taguba Report Date: 2004
- 9/11 Commission Report Date: 2004
- Ariel Sharon: Speech to the UN General Assembly Date: 2005
- Condoleezza Rice: “International Support for Iraqi Democracy” Date: 2005
- M.Jay Wells: “Why the Mortgage CrisisHappened” Date: 2008
- Geir Haarde: Statement on Financial Crisis in Iceland Date: 2008
- Alexander Jung: “Ponzi Planet: The Danger Debt Poses to the Western World” Date: 2012
- UN Arms Trade Treaty Date: 2013
- Benjamin Netanyahu: Speech to the UN General Assembly Date: 2014
- Hassan Rouhani: Letter to the UN General Assembly Date: 2014
- Abdullah II: Remarks to the UN General Assembly Date: 2014
- Viktor Orbán: Speech at the 25th Bálványos Summer Free University and Student Camp Date: 2014
- Alexis Tsipras: Speech on Debt Referendum Date: 2015