Why is it called a Ponzi Scheme?

About

🎥 Mini movies about business & money. 💸 Business is fascinating. The way empires are built and destroyed... fortunes are made and lost... and companies battle to change the world. A 'magnate' just means a very wealthy and influential businessperson - and we'll be covering the stories of many different magnates here on this channel. 🤵 My name is John, and my goal is to make unique high-quality videos on fascinating stories. Think of it like Netflix for entrepreneurs - although hopefully anyone can enjoy these videos, as we'll be diving into a wide range of interesting topics. 🔔 Feel free to subscribe to MagnatesMedia if you'd like to come along for the ride. :)