Pyramids of Playing Cards

Financial pyramids, as a global phenomenon, respond to social phenomena more related to ignorance and the desire to get easy money than with a financial issue in itself, which does not prevent it from generating a serious economic problem for those who bet all their capital on them. This document re...

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Autor principal: Cabanilla, Carlos (author)
Formato: article
Lenguaje:spa
Publicado: 2009
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Acceso en línea:https://revistas.ute.edu.ec/index.php/economia-y-negocios/article/view/143
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Sumario:Financial pyramids, as a global phenomenon, respond to social phenomena more related to ignorance and the desire to get easy money than with a financial issue in itself, which does not prevent it from generating a serious economic problem for those who bet all their capital on them. This document reviews the cases that have occurred in different parts of the world to generate a global view of the problem and seek action policies and laws that prevent this type of fraudulent business from continuing to appear and prosper.