The Nettle Blog

The Nettle Blog is the web log for, The Nettle Magazine - For The Home Business Online, and other home business news.

Thursday, January 20, 2005

I'm Not An Expert on Doublers


I've moved all of my blogging activity to The Lucid Blog.
You can visit my new home at:
www.thelucidblog.com


And yet the article I wrote has led to a number of invitations to review programs and offer an opinion on whether they are ponzi schemes or not.

I was recently asked to review a program. I'm not going to publish the link, but you can read the description and decide for yourself.

"Watching the rash of money doubler programs popping up across the Internet,
it became their mission to find a better solution. Doublers have to fail as
they have no external income source and so MUST collapse. It was with this
issue that the idea of combining a doubler with a paid to do program came
about: one feeds the other -- perfect. But there is a limitation to the
possible income from advertising, so the next step came with the addition
of a transition of membership capital."


This sounds to me like a futile attempt to take the ponzi structure and mould it into a working program.

There are a lot of programs that operate as a ponzi scheme and hide the fact with products, matrices, investment programs and other devices.

If you have a lump of poison in a glass of water, no amount of additional water is going to make the drink palateable.

If a program SOUNDS like it has a ponzi scheme at heart, stay away from it.

If you are IN DOUBT about a program, stay away from it.

If a program offers you a large return on your investment for LITTLE OR NO WORK, stay away from it.

The bottom line is that if you have to ask whether or not a program is operating as a ponzi scheme, then this strongly suggests you are suspicious of it. In that case, stay away from it.

Simple, eh?


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