As discussed before on this blog, long-ignored economist Hyman Minsky discussed cycles of booms and bust as a natural tendency of free market economies. One of the 'phases' of such economies are hyper-risky ponzi scheme financing that eventually lead to booms that bust.
Our most recent example courtesy of my hometown of Indianapolis, IN
Because of the popularity of replica handbags designer products and their status symbol standing in the market place, some manufactures began to copy these louis vuitton bags . Although the authentic products have been available all over the world for decades, the lv began to appear in some of the developing countries in many different markets. Shoppers could buy replica louis vuitton and get the same designer look as the originals but pay much less.
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