Climate Enron May Be Heading for a Crash

Enron was a Ponzi scheme. If you are reading this with a feeling that this is unusual, close your mouth and lean back as there are more Ponzi schemes surrounding us than we can count. In a sense, if you hope to make it onto the market with a new project, a Ponzi is what you must present as the market won’t take you seriously on realistic assumptions. Everything is so overhyped and so far removed from reality that anything not extreme can never hope to cut it. We still believe in China’s prospects while disaster stares in our faces. We still believe in the Russian wunderkind while all they ever did was scraping dirt. The list is endless. 

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