   legalized pyramid scheme
  I hate, hate, hate pyramid scheme. The problem is that as everybody know, if you add an overpriced product (even just one) on the list - suddenly you're legal. After all you're not collecting money, you're selling "product". but of course, the main selling point is that - if people under you buy the product, and sell their own product, and people under them .... (downline blah blah) ... and guess what, <insert your currency here> 100,000.00 in just 3 month!!!with the economic situation, things just pop up here and there. what make me sad and angry is that there are people close to me falling for this thing. when i told them that it is pyramid, they were like, we're selling product.but of course, like pyramid, as long as they can find people to buy the so called product (despite way overpriced), they can make money.i'm not willing to do it, for dignity purpose. but at the same time it make me sick looking at people making money selling product / downline account. what is your opinion? go with the flow just because selling a product make it legal, and you can make money it with? or what?   
  i think life is a pyramid scheme.   ;  I had a acquaintance in college who got into a pyramid scheme; something about selling phone cards or something like that.  It was the most obnoxious thing because he kept trying to recruit me into the scheme.  The funniest thing about it was how he always said you don't have to do any work.  Just find 10 people (or however many) and then you are done.  I don't know about you, but recruiting ten people to do something they don't really want to do sounds like work to me.  And besides, if you actually want to make any money on this thing you are going to have to help those ten people find their own ten people.  And so on.  Sounds like a job.  Its like that episode of the office when Michael is in a pyramid scheme but doesn't know it until Jim draws the triangle around Michael's diagram!  haha!   ;  RivieraKid: It is what I am calling the Circular Pyramid Scheme.You Pay tax to the government, who then give it to big business, who then pay it you, and you then pay tax on it again, and so on and so on.... The thing is, someone is at the top or the side (not really sure) of this circle syphoning off which has caused the problems we have now, there isn't enough money going round to maintain the circle and its collapsing into a singularity.   ;Quote:Original post by GuthurYou Pay tax to the government, who then give it to big business, who then pay it you, and you then pay tax on it again, and so on and so on.... The thing is, someone is at the top or the side (not really sure) of this circle syphoning off which has caused the problems we have now, there isn't enough money going round to maintain the circle and its collapsing into a singularity.It's cool to watch people rediscover macroeconomics.   ;  Ever heard of social security? Yeah....   ;  I had a friend try and get me into this right after we both graduated with our masters degree. I looked at him and wondered "why did you get a masters, only to now do THIS?" I tried to tell him that it was a pyramid scheme, but he didn't believe me. I don't think he lasted too long with it. I have yet to meet anyone that actually made a decent (or any) amount of money doing such things.   ;Quote:Original post by nsmadsenI have yet to meet anyone that actually made a decent (or any) amount of money doing such things.Lately, Amway has been running a bunch of TV advertisements.  They say they help X million people own their own business, and do $X Billion in sales (one-digit billions).  So, let me get this straight.  You're telling me you have millions of people on the hook for this thing, and on average they're only actually pushing maybe $1,000 per year in actual product?  Or do those sales numbers include selling "business opportunities", making that product sales number even lower?The only person I've ever known to make money on this is my boss, who is occasionally paid tens or hundreds of thousands of dollars to give motivational speeches to large groups of MLM suckers independent business owners.   ;Quote:Original post by curtmax_0Ever heard of social security? Yeah....Haha!  A part of me wants to laugh hysterically cause it's funny, but another part of me wants to cry cause it's true.Pyramid schemers should be severely beaten, whether or not they're selling a "product."   ;  Social Security people are at the bottom of Pyramid holding everyone else up.Also if you didn't feed them (me) they would die, and then there would be no unemployed and the shit would really hit the fan.   