Misprints and Rarities
Buy Cards
| |
|
|
|
|
#088:Pyramidal
We've all encountered pyramid schemes which promise you an easy path to millions if you send a little cash to a few people on a list and forward the message to all of your grateful friends. Few realise that pyramid schemes, if unchecked, have the potential to ruin entire countires.
During 1996-1997, a number of companies operated pyramid schemes in Albania that collectively attracted nearly 2 million people out of a population of 3.5 million. Three of the companies alone had deposits worth $390 million, or 15% of GDP. Eventually the government banned the schemes but couldn't prevent the country's descent into chaos.
Imagine the extremely unlikely situation of a pyramid scheme sweeping Perplex City, where each participant recruits six people and sends money to people in the levels above them. If the population of Perplex City is 10 million, how many levels will it take for the pyramid scheme to run out of new members to recruit, leaving lots of people very broke and unhappy?
|
Forums:
|
|
|
|
|
|