Comment Re:Oh goody (Score 1) 69
Unlike a Ponzi scheme, the stock market is backed by companies with *actual* potential for growth. P/E ratios might be crazy for some companies, but most investors in the stock market can expect positive returns even if the companies they own don't grow. A Ponzi scheme has nothing backing it, other than money from new "investors." If the new investors stop buying, the scheme collapses. If new investors stop buying stocks, the system remains stable because the current owners retain ownership of money-making businesses.