As always, comforted with others smarter than myself agree with me.
Thanks to 
cellio for this link to a piece by noebl prize winning economist Joseph Stiglitz. It is always nice to find that actual professionals agree with my basic intuitions on the eocnomy -- including the pyramid scheme line (I usually say "Ponzi scheme" but I won't argue with a nobel prize winning economist). Makes me feel all warm and fuzzy inside.
cellio for this link to a piece by noebl prize winning economist Joseph Stiglitz. It is always nice to find that actual professionals agree with my basic intuitions on the eocnomy -- including the pyramid scheme line (I usually say "Ponzi scheme" but I won't argue with a nobel prize winning economist). Makes me feel all warm and fuzzy inside.