The Pyramid Scheme that Collapsed a Nation
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- čas přidán 12. 10. 2018
- Watching people get sucked into a pyramid scheme is one of the most frustrating parts of long-term friendships.
Today marks our final video about America, er, I mean Albania. Both, I suppose. New season starts next Saturday.
We intend to change things up a little bit. Experiment with the videos. Maybe you'll hate it. I have no idea.
Either way, next up: Home sweet home.
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You made a video about how people being conned will often, to their own detriment, fight the idea that they're being conned because of how invested they are. Within minutes you've had a few people show up to argue that you're wrong or biased or whatever other reason they can contrive to dismiss you.
Well played.
...maybe I'll get three people to send me some sponsorship money on your behalf. ;)
Awesome delivery and presentation.
orange man bad
"It's not a Pyramid Scheme! It's an Inverted Productivity Funnel." ;)
Rare Earth sounds like the name of an essential oil pyramid scheme
I'll send you the first bottle free if you buy a set of 99 others
@@RareEarthSeries depends on how much the business starter kit is
@@TheLalalalani oh man so much
Rare Earth if TheLalalalani doesn’t buy the kit, I will!
i thought rare earth was the name of the scheme too lmao
If you live on a ranch, and there are no animals on said ranch, then you are in a cult.
Or you are the animal lol
is there much difference between an animal farm and a cult farm? Orwell didn't think so.
snakesocks but what if you live alone
Leader Dead = Religion. Leader Alive = Cult.
What if there are animals, but said animals are emus?
As an Albanian, I could tell you that social consequences of this scheme are felt even today, after 23 years.
Very high quality video. Keep it up Rare Earth
brooo even tony stark is albanian like John cena himself , this is proof
Tony Stark ke tdrejt
23 yrs aren't much
@@cacarotogod6695 time passes fast
*@cacaroto god* after 20 years you have already gone through half of your *percieved* lifetime
Pyramid schemes are great, as long as you are the one that started it and have a get out of town strategy.
The Rothschild's
Monorail
Saddle up me pig n make away with th' town gold n muh saddlebags. Move tuh th' south where she's warm an'- ahh shet, deputies done got me already
or are the first person he confronts
Scientology
If a person calls you for some job interview, and can't explain you clearly what actually you have to do and keep telling you how rich you can become. That most probably is a fraud.
If they ask to meet you for a "job interview" at a McDonalds, or Starbucks, it's a scam.
g0ast unless you’re interviewing for a job at a McDonald’s or a Starbucks
Happened to me once with a old coworker. Received a random phone from a coworker saying that there was this magnificent opportunity to join a great company and I would meet his “Boss” at Starbucks to get interviewed and join the team. I made the mistake of not asking questions and got really excited about the thought of leaving my job and entering a high paying career. I was driving on my way to meet them and suddenly I started to put pieces together in my head about the situation and immediately it just clicked “this is a fucking pyramid scheme”. Needless to say I took the nearest exit off the freeway and headed back home. Now it’s just really awkward between me and my coworker now.
If they need you more than you need them while you haven't even shown any of your skills, when they trying to "hire" you but giving a pitch as if they selling a product to you, it's most likely a scam. It's actually easy to tell a scam, when the inner lazyness in me gets really happy I just for damn sure know it's a scam because you can't make money by being lazy , and mark my words there is no one on earth running around trying to make you make more money.
@@TrollProductionsMC
Exactly! if making money was so easy, there won't be any poor in this world.
the 6.5k dislikes are from mlm huns
7.8k now.
@@dafish5493 but not necessarily incorrect. not all but you might be surprised how many of trump's proponents will fervently deny these sorts of things no matter the proof.
@@tydaftpk38 tell that to Italy.
@@tydaftpk38 this guy made videos about communist albania and the khmer rouge, i really doubt he's high on socialism. just because he critics unregulated capitalism doesn't mean he's a raging communist.
@@pepeberlusconi1736 the guy even criticized communism in the video, after which he specifically said that a fix to an extreme situation is rarely the opposite extreme. This alone is already enough to make the "hurrdurr, communism is bad" comments quite amusing. For whatever reason Trump's supporters label nearly everything that doesn't fit their own agenda as communism or socialism.
"Conmen won't sell you facts they'll sell you emotions and let you fill in the rest." I like that quote. It is the truth with this.
And the horrible thing about it is that the conmen have the massive advantage over people who fight against it, because they don't have to care if what they say makes sense so they can always just add more fuel to the fire. It's harder to convince people they are being fooled than it is to fool people.
You never mentioned this, but the sickest level is when you combine MLM with religion! Then it becomes like a sin to not participate. Hideous social pressure together with greed!
We have one in the Philippines. And oh boy look at all the people are pissed once the scam cult got shut down.
@@setter_soul_waifu0930 Also reportedly very active in Utah.
that sounds terrible 😞
@@williamwingo4740 Utah has a lot of Mormons, and a lot of Mormons get entangled in MLMs...
@@tessabakker662 Exactly.
I’m not joking when I say that CZcams played an ad for a pyramid scheme for the this video lmao.
Christian Rios lol yup, that stock trade website is a joke. No real day trader, or even casual trader would use that crap.
+Space Cowboy 45 Which one? Just want to avoid it if possible.
Which one?
Which one?
mine was for generic mlm. prob forex
I'm Albanian and I would like to thank the channel for this incredibly insightful and accurate synthesis of what actually happened in Albania during it's early years of "democracy" implementation.
Your analysis is by far the most accurate I've ever heard or seen and it's saddening how the vast majority of Albanians, still to this day (almost 30 years now) do not realize that this is what actually took place. We're still out there chanting for the red party and the blue party and you name it, and do not yet understand the fact that the people (or their descendants) who brought ruin to the country are still running the parties that we're voting for.
It's painful to see that it takes a foreigner, to beautifully point out what happened in your country, because we as a nation are unable to wrap our heads around it, even after almost 30 years.
Thanks again to the channel!!
I was in Albania from 1992-94 with the US Peace Corps. The early versions of the schemes had already started and I remember sketching out a diagram of the scam on a wall/blackboard when one of my students tried to get me involved. Later, I heard the head of the department I worked at lost everything when the schemes finally collapsed.
The only thing Albania trades in these days is tattooed whores and heroin. Thats their currency.
Also they picked a fight with Serbia, went above and beyond acceptable atrocities and when they were getting their rightful comeuppances nato stepped in, Britain bombed the Serbs, and Albanians now name their sons Tonibler, after Tony Blair
So you're a Serb? The most peaceful, non war crime committing ethnicity of all...
@@sezanborshi4782 No joke; great reply.
+muddi900 Says a guy named after Tony Blair
www.Wikipedia.com/Tonibler
"The prime minister even had his economic advisor imprisoned for telling the truth about the oncoming collaspe."
I'm beginning to see a worldwide pattern of behavior here. 🤔
The wheel turns
Truth telling gets more dangerous the more folks identify with false fictions.
Oh man you pissed everyone off with this video and didn't even say anything controversial. Well done! Odd times we live in
Ghonosyphlaids that how Twitter works
@@dexterjettster8875 What an odd thing to ask, for me to have empathy for your position when you by the very nature of your position have none for your countrymen.
Regulation isn't inherently good or inherently bad, it's a system created by humans to accomplish something. If your system of government hasn't been thoroughly rotted by oligarchic power struggles and jingoistic fear mongering, then it stands to reason how a functioning system can enact helpful policy.
Attack the leader and the cultists will fight you to death.
Attack the cultists and the leader will ran for their own sake.
It's not hard to understand, that the leader's only job is to only lead their followers, leaders aren't protector, they only to give orders, and to bail out whenever the water rises to their feet.
In a free country if there were no regulations to limit toilet paper sale per person during the pandemic you'd be in deep sheet. Or if anyone could produce medicines in their kitchen any time you'd be in another pandemic instead.
Ghonosyphlaids I mean he said trump sucks so he kinda is but still one of the best
Not enough footage of pyramids in this video. 6/10
You'd be amazed at how few natural pyramids you come across in your average week...
@@RareEarthSeries wait what's a natural pyramid
Good Day Admiral Percy, and welcome to your Free Topological Enhancement Advisory Presentation™.
My name is Chris, and I'm here to be your Personal Geometric Coach, and I'm committed to your success.
Now, let me start off by asking you a simple question: how would you rate your current Geometric Diversity Portfoilo? Good, Bad or Average?
Now, you might be one of the 80% of people who consider their current Geometric intake as healthy. Now before we continue, I want you to listen to this quote by Gottfried Wilhelm Leibniz, who said, "Take good care of your Dimensional Wellbeing, it's the only space in which you can exist." Now maybe think about this unavoidable truth today - but let's continue with the presentation by asking: what is the shape of the room you slept in last night? Maybe it was a Cuboid, or Rectangular Hexahedron - but consider this: when was the last time you let your Vertecies normalise to the Natural values of a Cylindrical Living Environment™? I do not wish to alarm you, but your Vertex Normals could be at risk of turning Non-Manifold!
If you look under your seat, you will find a Natural Pyramid™ supplement - a Free™ gift from us here at Topological Enhancement. This gentle suppository can be worn inside of you at all times to help align your internal Vertex facing, creating a harmonious Topology for you, and your family.
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Why haven't they arrested you yet?
Aren't some mountains pyramids?
This isn't one of those shady Pyramid Schemes you keep hearing about - our model is a _trapezoid..._
If you invert your trapezoid, it’s extra shady.
Well I have you beat there. I have a far superior business model. Mine is a cone. Because 3 dimensions are better than 2. Your trapezoid won't even last as long as a pyramid, because it is as thin as paper!
@@medexamtoolsdotcom I made a zocchihedron, we dont know whst is going on best he keep rolling all over the place and people rather have two Pentagonal trapezohedrons
@@StaveEntertainment But what if you invert a tridodecahedral icosmellafeetagonal cobicoctagedral hypertessaract? Then everyone sells their own shares to themselves, for 100% profit, and then dances around the chair in the middle with cats on their heads!
@@medexamtoolsdotcom
Shit guy. With that many buzz words behind your product, I would be a fool not to invest!
It's happening in my country now. Reminds me of a quote by George Santayana "Those who don't learn history are doomed to repeat it".
It is why Trump loves the uneducated..... Easy to fool.
@@d.e.b.b5788 Ah That,s why wrote a book whitn Robert KiyosakI
Which country?
@@d.e.b.b5788 No, you are not there.
Maia Allman The USA and some others
I strive to be like you. Making people mad without saying anything controversial.
People getting angry, even aggressive, over verified Facts is sad.
No matter how much you protest, 2+2 will always equal 4.
He’s implying that the President of the USA lied, but we have the strongest economy, lowest unemployment, and the greatest stock market in our history.
@@billtalker3843 yea really, as long as we close our eyes, we're doing great!
@@billtalker3843 You said this one month ago? Where have you been?
@@jodiefeighner8685 😂 savage
"...But remember that a con man won't sell you facts, just emotions..." that right there, are some words of wisdom.
Agreed, as a non-blood relative of mine is a confidence man...
Then, It's a good thing I don't have emotions!
To be fair, not everyone can be sold by using facts.
Donald "the orange" Trump described in one sentence.
Amamdo Abreu said "not everyone can be sold by using facts." ...
Prima Facie evidence: the American electorate
very frustrating, no explanation of how to earn thousands a day from my sofa...
lolx... I'll assume its a mere pun and joke. Otherwise, that makes you one of the BILLIONS worthy to be solely FOLLOWERS, not LEADERS.
Lamb to the slaughter. smh
Pretty sure some drug dealers do
I know how.
If you go to Buzzfeed and look at the comments to any article, you will run across someone who can tell you.
Never been scammed by these schemes, but man my heart sank listening to this. 😞
Bruce Lee, you have never been scammed by these schemes because of the following:
1) You have common sense.
2) You are not greedy.
3) You are honest.
You are, essentially a scammers nightmare.
@@mrzoltanonwinter2218 Not to mention a master of martial arts!
As an Albanian I just want to say that all of this is true, and more so, it has bled into the new generation. We're in a cycle of crippling economic status.
Ne kemi marre fund thjesht falem qe familjen Berisha ta marrim me vete ne fundin tone e te mos shtohet me fara e tyre tradhtare
I loved my time there, but then I didn't know the history and back story and could sense something below the surface (this was only 7 years ago). But loved the place. Finally clicked that our "import facilitator" who picked us up at the airport was driving a new Range Rover which was odd, then at police checkpoints, he would dispense mild tongue lashings to which the police would salute him...... goddamn was I slow to catch on 😂.
I admire you for not shying away from controversial topics... Your comment sections are always interesting
It's hillarious to see how far some people will fight to tooth and nails to justify their belief.
Evan was correct about cultists, and even to this day (with current events) some would throw themselves out as meat shield yet blindly see the dark reality of the world surrounding them.
If I can't see it, it doesn't happen or exist yet.
wtf is that face
This was actually a masterpiece of CZcams, I was pleasantly surprised by the high quality of this production, akin to a well funded comprehensive documentary on the topic from a reputable source. Well done Rare Earth!
Bravo!!! Joshua for your honesty. 🙏
Well once you know a little bit about communism, capitalism and their data, the fall of the socialism in europe, etc, you see how plenty of the begining is pretty close to bs
You should see james jani...
Lol
The Philippines is bombarded with MLM or Networking or Pyramid Scheme companies that are not strictly regulated for as long as a company has business permit. Even the products are not regulated as long as "No Approved Therapeutic Claims" are put on the labels.
“If something sounds too good to be true, it probably is [...] a polititian saying that he’ll make your country great again, they’re all selling a fantasy”
Sounds about right
Any politican to be honest, every single one wants to sell a fantasy to there voters that will make there country perfect all you have to do is vote for them.
I just want Moravia to be great again
Damn, what a great video. As a US citizen, I really appreciate the info in the second half. I had no idea so many of our politicians were involved in MLMs, although I can't say I'm all that surprised.
Yes, I was surprised to find out just how uninformed I was about our current politicians' connections to pyramid skemes
Yeah, I'm very suspicious of those votesd into office from normal jobs like lawyer, legitimate business owner, etc. and within a few years they're a millionaire??? It seems that happens a lot here in the US.
Well to be fair to politicians... It seems to be just those who associate with Donald Trump.
unclejoeoakland ha! Where were you when Obama was was throwing money into the air with his bailout?!?!
Are you gonna do a tell all on that the other half of the politicians in america are involved in? You know? The ones involved in shady, AND ILLEGAL SHIT, not just shady shit?
I had a friend who had a masters degree in engineering and had a really good job working as a civil engineer. She fell for a MLM and hasn't been the same since. Pushed away all her friends trying to sell them into it. Never assume you're too smart to be scammed. In reality that can make you fall even harder.
DOUBT is The Magical Word here. Most People find confidence and Positivity The Most important things To have... For me it's doubt.
Its same we see with political affiliations when clearly your party was a disaster(BUSH/Cheney) and rather than admit that you choose wrong.... You will entrench yourself further when calling out for reforms would serve you best...(8 yesrs of the Obama mistake and the past is wiped. Away) , religious zeelots as well as romantic disaster. In which others can see your in a dangerous relationship but the more others tell you to run.. The more you allow yourself to become a victim..
It's called....
False pride.
Unwillingness to admit that you have made a huge mistake that questions everything you have sacrificed to gain what have.... every level of education achieved that internally was evidence of your superior intelligence . subconsciously or not.. waved those degrees in faces of those around you whenever it could belittle them.. And embarrassed how gulible you were lured into despite the red flag legs that were everywhere...but instead of a acknowledged your mistake, take the emotional damage that might happen if ridiculed and begin rebuilding...
There are many victims of scams who have chosen not to seek justice whick may recover some of the fortune lost.... They let $ millions get taken because they will be judged as dim or incompetent.....
No people are just stupid and lazy. The moment you get desperate is the moment you get taken advantage of, also use common sense.
The problem is that we can't use our friends and keep them too.
Education isn’t the problem it is lack of common sense.
You just won the subscription from me! Great video and very accurate. I was living in Albania that time but i was just 9 yo. and i didn't understand much. My parents was very skeptical but in the end they also "invested" and of course they lost money but not all at least! Very difficult times!
This was probably one of the most educational views I've seen in a while. Did my research after the video ended and was truly shocked.....
Thanks so much for sharing such amazing insights
Ha, herbalife. I remember it well... about 15 years ago I was in high school, saw an ad on yahoo and signed up. Convinced Mom to check it out and put in a 2-300 bucks to buy in. We even went to one of their seminars(?) In Dallas, even tried to sell people the stuff. In the end we got lazy and didn't really try too hard, and never went beyond the initial buy in.
Considering the stories I've heard from John Oliver's Last Week Tonight, we really dodged a bullet there. I would like to think we ended up a little wiser from that experience. They sell on emotions, so very true.
Apparently it’s just a company selling scam products now.
I've bought essential oils from their website before, seemed ok. I don't think their products are really the problem, but rather the problem lies in their human vendor organizational structure, and the cash-flow within that structure. Buying their products for personal use shouldn't be a problem, so long as you don't put in hundreds of dollars to buy in bulk, with the idea that you're going to resell that product for a higher than market value and rake in a giant profit.
Danielle Spargo That’s all well and good, but don’t expect any health benefits like I’ve heard them claim.
Jerry Rupprecht
Ah, no, well, def do your own research. But if I'm buying lavender oil for its linalo-3-ol and linalyl acetate content, i can typically expect it to contain those compounds, regardless of what claims they might make about them.
Or if i buy bergamot oil for the purpose of extracting bergamottin for the use as a CYP3A4 and CYP2D6 enzyme inhibitor, i can be reasonably sure that my yeild will be equal to that of oil bought anywhere else.
I do not believe their products are fake, at least not the ones that I've purchased. Though i'd imagine it would be illegal to claim medical benefits that do not exist in the literature, so if they're doing that, it should def be looked into. But if you're an educated consumer, and make a purchase based on your own prior research, i don't believe the products you might buy from them would be fake. Had that been the case, they'd've likely been shut down by now.
As for their MLM pyramid scheme though, it certainly sucks for those caught up in it, funding big business at their own expense, or at their friends' expense, based on exaggerated medical claims. Some more regulation would do the consumer some good, and i would approve of it completely.
@@BothHands1 yeah, as long as you buy their stuff with the expectation of personal use, it's all reasonable. But I suspect they would make a lot less money without that pyramidal scheme.
Better regulations would help for sure. Ultimately, we can protect ourselves by doing research and using good judgement. It's difficult when the con people (and companies) know every trick in the book to appeal to the emotional shortcuts built into our brain, but we have to try.
Been a viewer since you first sat on that porch with your father announcing the series, but recently became a patron as well, and gotta give it to you mate. Its been a blast watching you grow into this whatever-you-wanna-call-it. Online documentarist ? Idk. What i do know is watching you deconstruct one country and have us then understand another is what education should be all about. Huge thanks from Norway.
I only wish I had money to donate myself. It's a special channel, and I hope it never stops.
Could not have said it better!
Also huge thanks from Norway
you took the words out of my head. absolute unit this channel is.
If you want to support them w/o spending money, I suspect this channel might have some ads? (I wouldn't know; I have Ad Blocker.) But if it does, and you see ads on here, clicking on them should generate some payback for our heroes.
Well researched and articulated piece- rare to find these days! So glad I took the time to watch this!
This is important and many more people need to see this. Please keep up the great work. I subscribed. Thank you.
I learnt a lot during that! Most interestingly that con man stands for confidence man, I never knew that.
Yea same I think that's part of the reason some many fall the the schemes thinking their to smart to be trick we forgot what con even meant
Its the basis that governs all the action initially, only to eventually fail spectacularly
"the answer to unchecked communism isn't unchecked capitalism" that has to be one of the best phrases I've ever heard to actually get across the point that regulation in the free market does not mean wanting to control everything.
All of Eastern Europe fell to this, the Russians, the Germans, the Czechs.
Luis Elizondo "The price of freedom is eternal vigilance"
@@UTube4MN AK-15s? Maybe they have some AR47s too?
UTube4MN Communism is when the state takes shit from you and tells you want to do.... your comment is by no means a strawman of the actual real world system of communism.
Maxwell Majewski Russia’s economy collapsed very quickly and eent from an economy that exported military technology/technology in general and oil... straight to a petrol nation like that of Venezuela.
As communism collapsed the old communist vanguard took possession of the country’s oil infrastructure.
This is capitalism 101... the rich people (that existed under communism) quickly took every valuable asset the soviet economy had to offer.
Some economists and historians have projected the USSR’s worse Growth rates from when it collapsed. And it shows that the modern russian/eastern European economy would still be smaller than the theoretical USSR’s economy.
Frankly the failure of communism in the 80s-90s in both the USSR and China’s liberalization... doesn’t show that communism doesn’t work. But that the things anarchists and libertarian socialists have been saying for 2 centuries...
That the communists state would eventually betray the revolution (and the people)... and (along with killing millions) would revert back to capitalism...
Either by outright exploding (like the USSR) or slow and steady transitions to capitalism (china)... but this conversation is much more complex than a utube comment is made for.
1 could argue that the USSR stopped being communist in the 30s/40s... and that china’s move back to capitalism is actually a socialist idea.
Very interesting
You’re vocabulary and imagery is on point! Good job
You're right about emotion. I was in AMWAY and they pushed "Positive thinking" and to stay away from anything negative.
Btw, Is amway products actually good?
Today, in my country, we have Amway selling their products here via website.
If your family member warn you to stay away from it, they will say your family is toxic and doesn't want you to be success and rich.
@@garydabelza Massively overpriced is the word.
Albanian President: Level 200 Crime Boss
MAFIA CITY
Ikr
So, that's how you mafia!
Mafia Wars 4 life
That's how mafia works.
H-to-O reserved? that's a nice way to say cowardly
My friends dad was a pilot for Vefa (one of the biggest pyramid schemes in Albania), and I remember him telling me how they would fill the plane to the top. BAGS full of cash. The people were uneducated. They had never experienced something like pyramid schemes or even free market for that. It hit the rural areas and farmers the hardest. People sold their houses and everything for a chance out of poverty.
P.S.A
For everyone asking how it worked you were promised an advance on any investment ( For Example: you put in 100$ get back 1000$).
And some people actually won my mom put in 300$ and won a couple thousand. Luckily she never did it again. Some weren’t as lucky and didn’t win. Politicians and the government endorsed these schemes so many people got finessed.
:'(
Ponzi. It's happening in my country and despite the losses, some people still invest in the next new one to rear its ugly head.
this is 100% true
I'm from Bosnia and we never heard anything about this ... Only thing I knew as a kid about Albania is that it's a poor country... So sad to hear this.
Photography and editing in on point...Good work man, thanks for teaching the world about the biggest scams ever...
Unregulated capitalism always ends in disaster. It only works when it isn't allowed to destroy itself.
Generally it’s not the capitalism that destroys anything, it’s the corrupted government that almost always follows.
@@EarthIsNotFlat That too, but capitalism is designed to serve only the interests of the owners and shareholders. If left to itself it will create a monopolist dystopia.
Capitalism can only works on crisis.
@@theoldar Considering you have your body, your mind, your talents and skills - it serves your interests too. That's a myth: monopolies are created by the state, not by the free market. In a free market competitors always spring up to undercut would-be monopolists.
@@rutessian that depends on regulation. without regulation, competitors can just buy out any and all opposition, creating a monopoly.
Had a "friend" who tried getting me into life vantage. His whole family was doing it on the side. I stopped talking to him as soon as I heard that you have to buy their product to sell it.
cheefy beat friend growing up tried to get me to join Quixtar, along with his parents, brother and in-laws. Unfortunately was not the only one. Stopped hanging out with him as much, and eventually we just stopped...
Oldest friendship too...kind of ruined
@@mrjoshua1983 Get back in contact with him, I implore you to, nothing is more sad than a dead friendship
I mean, technically speaking, you have to buy all products before selling them. Or, you know, make it yourself.
But yeah. As soon as you start making it about tiers and levels... Eesh.
@@diestormlie Most sales reps don't have to invest their own money up front for products. That's not usually how sales works, and is a red flag.
@@mrjoshua1983 Most people inside the pyramid scheme genuinely believe in it. They actually think they can get rich and make their friends rich too. He was sucked in and it probably cost him a lot of friendships and maybe even ruined his life. Have sympathy.
Our whole culture is infected with a get-rich-quick-while-helping-people fantasy that makes us vulnerable to MLMs. Its a deeper problem than just by-the-book pyramid schemes but that's another discussion.
first 9 minutes- why so many dislikes? last 4- oh there it is
@@bilalsadiq1450 I mean I guess but I think the video would have been higher quality if it just focused on the subject of the video instead of tacking on something tangentially related on the end
@@mabelpines1533 That WAS the subject of the video, not the Albanian story. The collapse of Albania is merely a way to convince people that pyramid schemes are a problem.
@@samscarbrough4376 then he should have made that clearer from the beginning because it was certainly presented as a story about Albania until the very end
@@mabelpines1533 Then no one would watch it
@@samscarbrough4376 I don't think that's true at all, a ton of people clicked to learn about a specific pyramid scheme that collapsed a specific nation
Awesome video! Thank you for putting it out there 🙏🏻
Amazingly well put. You nailed it. I will share this video with everyone I know.
The same almost happened in Poland after the country moved to a capitalist economy. The person who prevented it from happening, Professor Balcerowicz, is hated by half of the country to this day.
It shouldn’t have to take a professor to notice these things.
Not many professors, or good and wise people in general, decide to taint their hands with politics.
Kinda wish it had happened, even though it might've meant that I was never born. *shrug*
Why the hate though? After some quick research, what balcerowicz do is removing insufficient industries and reducing inflation
I would like to know more about this Balcerowicz guy
The money is not gone. Someone is gone with the money!
In typical scammer fashion, they probably spent the money even faster than it came in. It's unlikely there's any left.
Well said
" The money is not gone. Someone is gone with the money!"
What if the money is now useless
@@azmanabdula :
"What if the money is now useless"
==Money is only useless if you can't buy anything with it.
For example, you can't have a country of rich people, people who have lots of $$$ but no one works to produce anything. So, there is nothing to buy.
That's the problem with cryptocurrency. It's just money from nowhere. The value of it goes up for no reason. People exchange their country's money and get cryptocurrency.
The value goes up and so, they sell their cryptocurrency and get their country's money.
The guy is happy that he made a profit.
Eventually, the system collapses.
Cryptocurrency is a Ponzi scheme.
A good portion of the "money" was people believing things (like companies) are worth far more than they actually are/were. That does get translated into a few yachts and penthouses through the 'owners' being able to borrow realer money at super low rates.
Anyways, rich isn't about how much money you have, it is about how much and how favorably you can borrow. The technical term for that is "privilege", which I think is fitting.
Have to say, these shots is amazing. It's just so satisfying to watch and heard you talking
I nearly got involved with ACN, luckily a friend pointed out what was really going on. Luckily he was there before I got in too deep
I usually dont comment but this was very well written.
It's well written but I feel like he rambles too much and doesn't get the point out correctly.
I know right it really is. Just the opening alone was great.
Michael nah I thought it conveyed his message better
@@Michael-jm5ix Maybe the problem is that you've misunderstood what his point was.
Well written but inadequately researched. MLM is not a pyramid scheme, it is a hyped version of ordinary distribution fused with internal advertisement. Pyramid schemes don't last long for the obvious reason - the design assures collapse as the infusion of crazy money runs out. Herbalife, for example, is going on 40 years old. Amway is 60 years old. In contrast, the genuine pyramid scheme that hurt a friend, Holiday Magic Cosmetics, collapsed in ten years amid rising scandal.
This presentation was very well done and accurately portrayed the problem in Albania, except that the Albania problem had nothing to do with pyramid schemes and everything to do with good old scamming, and failed to identify what makes a business structure a pyramid (or the closely related Ponzi) scheme. By his description nearly every large corporation is a pyramid scheme.
you have done an excellent job with this video!!.I am Albanian and I have never seen a video or even someone to treat these problems in such details.Let alone by a foreigner👏👏👏👏👏
Looks like a beautiful country :) I'd like to check it out if I ever go to Europe.
Can you explain what exactly was the pyramid scheme that collapsed the economy?
As long as MORE Albanians start to THINK instead of merely FEEL, after watching this video, there is still a bit of hope.
@@treehugger3615 there was a lot of them en.wikipedia.org/wiki/Pyramid_schemes_in_Albania
Great quality as always! Thanks!!
Sometimes a democracy is like two wolves and a sheep voting on what's for dinner.
Do you know that scene in Game of Thrones, where Danaerys says to three men, that one of them must die, but they can choose? Two of them quickly decide that the other one should die.
There are only wolves in Congress.
Always*
Wasn't that quoted by Winston Churchill?? Correct me if I'm wrong.
It's true, and in the long run nobody wins, but then it's even more confusiong then usual when the sheep somehow ends up eating a pair of wolf steaks.
13:01 "the answer to unchecked communism is not unchecked capitalism".
What about checked communism?
@allright715 Stalinism isn't really a thing but yeah sure.
Regulations protect some and give false security to many. Always enrich those in power.
Regulations protect some and give false security to many. Always enrich those in power.
Unchecked capitalism is bad. State-encouraged scam-led capitalism is worse.
Communism, checked or unchecked, is the worst.
This was awesome! Thanks for this info!
According to Wikipedia In the Albanian pyramid scheme aprox. 1.2 billion $ vanished. On average every single citizen lost 400$
that was a lot of money for an individual when houses were $5000 at the time
I am albanian and this is so so so accurate, I'm impressed. Most of us don't even realise this was a goverment backed scheme. People to this day praise our ex-president Sali Berisha,who took away our lives,money and dreams. And just to correct you,it is shame on us and our history. If the majority of the albanians would be more educated,if our people would raise they're voices for a better educational system we would not still be the last on Europe and still praising and voting for Sali Berisha or whomever of these ex-comunist mafioso politicians who sucked blood from our veins in almost 30 years of "democracy". Thank you for throwing light on this shady topic
It's hard to blame on uneducated people. After all, they're uneducated. They don't know how much they don't know, by definition.
Hope the situation of Albania is better than what it was in 1997 !
Me vjen mire qe shqiptaret kane filluar te kene mendime si ato qe ke shprehur ne koment. Është per te ardhur keq dhe e turpshme te brohorasesh rrofte njeri apo tjetri ne nje kohe kur njerezit per te cilet brohoret ishin pjesëtare te sistemit komunist ose pasardhësit e tyre. Fatkeqësisht keta njerëz jane akoma ne pushtet e ne opozite dhe njerezit jane akoma teper te verber per ta kuptuar, dhe vazhdojnë votojne akoma per ta. E vetmja mënyrë per te rregulluar gjerat, eshte t'i japesh kohe kohes. Vetem brezat e ardhshem, te cilet jane margjinalisht me mire se te vjetrit ose te pakten kështu supozohet , do gërryejnë mentalitetin e vjeter si valet e detit me shkëmbinjtë.
Who is most of us?? Most of us do realise that it was a whole scheme run by the politicians. Most people do not like the politicians who rule us, its like chosing the lesser of two evils and it has been so for years now. Have you seen the rates of voters? They are very low, because people are not satisfied with the our so called democracy. I understand that it is not enough and not a solution not to vote, but nobody is chanting for anyone.
@@12nelly1 How do we get outta this slump then ? If people dont vote because they dont have none to vote? We choose the less shitties ? No, thats the most ignorant thing to do. And youre basically saying that 46%(percantage who voted in 2017) of our people are not aware of this ? And the other 54% are smart and aware...
@@ATH0593 Last year only 30% of the population voted. There was a huge thing about this, discussed also by the european committee responsible for West Balkan. Also i did mention that not voting is not the solution. The problem is rooted corruption and lack of support for independents. Since they have no funds, they cant get media coverage and thus fewer ways to get to the people. No matter how many cities they visit, no one will support them because they think, that if they vote for smaller partys or independents they wont win, thus no change at all. Kinda the same that happened to Bernie and the same that has been going on around Europe, there are no actual partys that people fully associate themselves with, it comes down to voting for the least of two evils. Also lumping a whole population dumb or uneducated is far off from being realistic. You are talking to a person who is aware and i know plenty more of my generation who thinks the same way. Our problem is that we lack initiative to change things and we lack means too. Things are more complicated as you think, just saying people are dumb, boils down the whole matter to one thing, but in fact it isnt so.
Excellent as usual.
One remark: You started out mentioning the Classic, Ponzi, and MLM pyramid schemes, but then spent very little time addressing the differences between them. I don't think the Classic version was elaborated on at all, even.
Classic: no frills scam. When you enter the company (scam) you must pay up the ladder an entrance fee, but then you can recruit other people and charge them entrance fee for yourself, sans the entrance fee tax which you also pay up the ladder. Con man starts the scam and then the money just flows in, significant amount of shilling will be necessary but otherwise it's very simple. The higher you are in the ladder, the more cash you rake in. People at the bottom of the pyramid get absolutely nothing, and they're also the overwhelming majority of the members. This is a clear cut scam: people have their money taken for nothing in return.
Ponzi: investment-disguised scam. When you enter the company (scam) you must make an investment in some sort of project (such as construction), and you will get % interest in return, like in legitimate investment. You will be told to recruit other people for additional financing and this will increase your return on investment. In this variant, all the money goes directly to the scammer and he would ration interest payments. Because the project is funded and money is paid at discretion of the scammer, most people will lose most or all of their money and most projects will never come to fruition. Legitimate businesses offer low return on investment and no networking bonuses, because their object is to keep as much money as possible for themselves, and because no funding is needed beyond the core goal figure as extra funding means paying extra interest at no profit gain. This is a scam because, even though businesses are inherently risky and all money could be lost at any time for any reason, it is specifically designed like this, making it fraudulent.
MLM: marketing-disguised scam. You are not charged money to join, rather you are offered of batch of goods at a "discount" which you could resell for profit, and buying them constitutes joining the company (scam). You are told to recruit more "employees" to get additional "discount", and offered to buy more "discounted" goods for resale in the future. The goods are virtually useless and have no market value to speak of, and are nearly impossible to legitimately resell, only to sell off as an starting batch to whoever you can recruit. The ultimate fate of the goods is in trash compactor (when the victim abandons all hope and ditches the hoard), and so nearly 100% of all money ends up with the scammer. If selling the goods was profitable, the company would be selling them in stores like any other legitimate goods. This is a scam because of intentional manufacturing and sale of goods with no purpose or value under fraudulent internal advertisement of being valuable for resale. Technically, goods are actually produced and sold, and no one is left with their money taken for nothing in return, and all monetary loss can be entirely attributed to failure to conduct business (to find a buyer for your goods and to recognize unprofitable venues to start with), so it gives some countries an excuse not to count it as a scam.
Side note: bitcoins of all sorts are just a hair width short of falling squarely in MLM scam category.
thanks
"bitcoins of all sorts are just a hair width short of falling squarely in MLM scam category." But so is fiat money, sooo.... yeah.
Penny Lane Except that banks aren't trying to fool people into buying monopoly money by promising that they will be valuable for resale. Read the MLM and Ponzi descriptions again, but this time also think about what differentiates a scam from legitimate activity that naturally ends up with someone losing money (it's the fraudulent design that ensures this loss).
There is nothing fraudulent about Bitcoin though. Could it lose all its value over night when people stop believing it's worth something? Yes, absolutely. Could the same happen to a fiat currency? Yes, and it has happened time and time again.
Loved the info thanks for posting
Excellent video, thank you for creating such high quality content. I could watch more if this
Seriously, how are "companies" like Amway still in business? The Federal Trade Commission even requires Amway to label its products with the message that "54% of Amway recruits make nothing and the rest earn on average $65 a month" and people still buy in for hundreds a month :(
As useful as warnings on cigarette packs.
Other people lie to them. They tell them they make a lot of money.
No idea!
Part of it is that 50% of people believe they are smarter then 90% of the population.
People think they're not going to be "that person" earning nothing so they try despite the warnings, in hope for quick money.
I’m so glad Rare Earth exists. Powerful stuff!
I agree Rare Earth is very powerful stuff....finally something great has emerged on CZcams
I wonder if he will cover Canada's institutional abuse of First Nations People.
But then my mother was adopted from a Catholic Boarding School student.
what a fantastic and well thought out video! Learned so much and appreciate your presentation!
Excellent presentation, well paced, clear and logical. Thank you.
Pyramid schemes be like : I’m broke but I wanna get rich so let me get rich off of you and therefore teach you to fool others
Shakeem Pierre 😂🙌🏽
Pretty much sums it up
The con artists aren't always Herbalife, or other small time scheme either. Comcast will overcharge you for everything possible, ripping you off just as bad. The worst are the ones going after seniors, I don't know how you could sleep at night after stealing from the elderly. My grandmothers gets at least 5 telemarketers calling a day, she can't read the caller ID so we have to leave a message and she'll pick right up if she's home. Imagine, an 86 year old widow has to screen her calls due to scum calling all day, and night.
I know this is amazon UK, but I'm sure you could find something similar if you've not tried it already - www.amazon.co.uk/CPR-Protect-Landline-Call-Blocker/dp/B00LL9H0FM allows to only ring incoming calls from an allow list of up to 100 numbers, we've got it for my grandad and it works perfectly
Happens to my grandparents all the time in the UK too. They just want peace and now they are afraid to answer the phone.
Hell, that happens to me all the damn time. I've stopped picking up the phone too. If you do not leave a message, I will not pick up or call you back (if I know you, that is).
Had another robot voice saying that I had a warrant for my arrest.....lol...blocked that one.
Your Windows computer is infected with a bad virus, call us.....lol...blocked that one too.
But they keep rotating the numbers. So I just stopped picking up the phone.
lol...oh well, life goes on :)
I hope y'all have a great day & be safe.
In Denmark and Norway you can just put your name on a national list and you will never be called by telemarketing again.
@@HermanTheHacker *By legal telemarketers.
Very fascinating content - I look forward to diving into this channel once I have more time!
I just discovered your channel. I like your videos, your voice, cadence and flow. Well done.
Words can't describe how much the world needs these videos
needs to be seen by everyone
Wyatt It won't do any good. People are motivated by fear and greed. CZcams is also chock full of people selling useless advice and products. What to stay home and make good money ? Start your own YT channel ! We have monthly workshops and online tutorials all for a modest fee, along with the best equipment that will allow you to easily make a comfortable living from anywhere in your house !
The biggest danger is liberalism.
but words can
pp rr "The biggest danger is liberalism." Really? Then riddle me this, batboy: why are the poorest states almost all red? Why are the richest ones almost all blue? Why does the economy ALWAYS do better under Dem Presidents than Publicans? Why was the long postwar boom (when "America was Great") the time the Dem's held nearly hegemonic control of the federal gov't (w/ high & progressive taxes, lots of regulation, strong unions), but since the advent of Reaganomics (regressive taxes, union killing, massive deregulation), the only people doing any better at all are the top 20%, and the only ones doing significantly better are the top 5%?
I never comment on youtube usually .But i have to say, this channel is really well made, and the writting is by far the best i've seen on this plateform. You really are a good speaker
"If something sounds too good to be true, it probably is, like a beautiful woman who wants to chat online..." hey, hey, hey there's no need for that kind of negativity.
Sorry Kody, but that sexy Asian single in your city doesn't actually want to bang you. Neither does the Russian OR the bored MILF.
@@rachelhallie7483 what about the lonely grandmas in my area? surely they want me?
This is a serious story. Good job. I've been so impressed with your content but this is a cut above.
I am hooked on the Albania series. Albanians get a very bad rap in Europe and it's not the first place we tend to think of visiting but you've made it a fascinating place to discover and your narrative and production is top-notch! Love your work. Don't ever stop!
It looks like a poor and desolate place on one hand and on the other like a beautiful place!
Go to Serbia, you'll be forced to report to the police where ever you go as a tourist or they'll arrest you.
@@rutgerb They're only in name Muslim. In fact, they might be - together with the Czechs and the Dutch - the most atheistic people of Europe. However, they indeed are extremely corrupt and criminal, but that could be said of any Balkan country.
John Carey serbia and Tourists lmao
@@koninkrijkdernederlanden8711 are you saying the system and the politicians are corrupt and a bunch of criminals? Yes, true. Are you saying that all albanians are corrupted and criminals? Well hell no. And as a tourist i cant really understand how corrupted politicians will affect your trip of a week or so. But sure.
It's weird... I first encountered pyramid schemes when I was around 12 maybe. A guy from school was trying to hawk it to a couple of us. Now, I've never been a particulary clever guy. I'm not that smart and certainly not quick-thinking, but (and I really don't mean to brag) I immediately sensed something wrong with the scheme he was trying to sell. It was almost a natural skepticism towards it. Even to my 12-year-old stupid, gullible self, it was obvious that the people at the bottom were being cheated.
To this day, I don't get that people don't see through it.
Gnug215 no different then the guys at the bottom in the military... low pay hard work terrible treatment no freedom just pawns
yeah dude but you didnt get to diamond/platinum levels, people at that level have their own airplanes. you didnt wanna put in the work cuz ure lazy.
Gnug215 people don’t see through the scam because they believe they won’t be one of the ones at the bottom.
It’s exactly the same logic that allows working class people to vote for presidents and congressmen who will provide tax breaks for the rich at the expense of the working class, because they believe that they will get rich themselves on those tax breaks.
+John Early Yeah, that's just sad. Kinda like Draganoiu's comment above (assuming that it's actually serious...) But like he says in the video, it only takes about 32 tiers to exceed the whole population of the world, so you should be able to see that at least SOMEONE at the bottom will get cheated. And if you're far enough along in the scheme, those people might be you, or the poor suckers (friends or family) that you lure in to be the tier just below you. Also at the same time, you should see that you're just providing money to the people at the top for no particularly good reason.
But yeah, it must be severe short-sightedness.
+Draganoiu George I'm gonna respond to you as if you're actually being serious with your comment. And what a comment it was. Immoral, greedy, idiotic and presumptuous at the same time. So, a few things:
First, this was a classic scheme, so there was no advancing, just adding tiers downwards.
Second, I was 12.
Third, you're talking about these schemes as if they aren't the amoral, mostly illegal scam that they are. Did you watch the video at all?
Fourth, the one about airplanes sounds exactly like the kind of emotional nonsense they try to reel you in with. Again, did you even watch the video?
Fifth, I didn't want to put in the work? I'm just lazy? Here you are making direct assumptions about me as if you know me really well. How arrogant and stupid is that? Is that something you really need to do in order to rationalize own behavior?
So, again, I was 12 at the time, and this scheme didn't involve lots of money, and certainly not any plane-levels of money. Today, I have a job where I work hard, and being in a scheme like that in order to reach high levels so that I probably wouldn't have to work again sounds a lot lazier to me than what I'm doing now.
I didn't want to put in ANY work into the scheme, because I could immediately see that it was an immoral scam. I don't like to take part in something that obviously exploits weaker minds.
Lastly, since you made presumptions about me, here's one back at you: it really, really sounds you're actually IN one of these cults/schemes. It also sounds like you're at the bottom, waiting to rise up in levels, clinging to the futile hope of making it big, repeating to yourself the lie you've been fed that "just with some hard work, you'll make it!"
Amazingly well articulated, it is getting very rare, to thanks a lot :-)
Carson and DeVos, I had no clue. Very insightful thank you
Albania is far from being the only one. Same thing, although not really as bad, happened to Serbia/Yugoslavia when it accepted capitalism. I'm sure many formerly communist countries, if not all, were victims of pyramid scheme frenzies during their rapid transition into capitalism.
All. But not to this extend. Bulgaria for example was already on the verge of a debt collapse when communism ended, so the financial crash between 1994 and 1997 also meant that pyramid schemes just couldn't be profitable in the face of 1000% inflation.
In Croatia I didn't hear about pyramid schemes but everything was bought up by those who had power. The same people rule us as did Yugoslavia. we never really changed anything we are no more independent then when we were a Nazi puppet.
Yugoslavia too was in terrible state after the civil war that left her in pieces, and inflation was extreme. Still, there was enough money left that conman could profit from desperate people.
@jure francetic the war was all for nothing. Even worse, neither Serbia nor Croatia profited from it. We were all at a huge loss in favor of the western corporations, who simply took the opportunity to take everything almost for free.
But Albania had a riot that other countries hadn't. From describes I heard from my father it was chaos (an ANARCHY paradise) he told me that my relatives had guns to protect themselves, including my grandma that had an AK-47 in her house!
So many familiar pyramid brands, even though I am half a globe away from US. Sad really.
I love your videos you're so so underrated very high quality video and full of information
that unsetteling drone/note in the background really sold this Video. good job
This series makes me worried. Worried about the society of today. Empires and ways of life have ebbed and flowed over all of known history. To assume it cannot happen again is foolish. I would suggest looking at The Great Bronze-Age Collapse, where several highly advanced civilisations fell due largely to their own actions
Same thing happened with the Roman Empire too. It created its own instability.
I am perpetually worried because we only learned a little from history, nowhere close enough to recognize the impending cliff that we're about to go off.
There is generally never 1 issue that brings empires down, it's a combination of multiple that generally do it. Problems that an empire could deal with individually all happen at once and destroy the empire at its core, the worst problems are almost always caused by the empires/states themselves and can lead to a cascade of issues that overwhelm the state and lead to its death. These issues are not impossible to solve, yet empires fail to solve them.
In the modern day there are several issues that, combined, could bring down the foremost superpower on the planet, and we are doing very little to stop the issues before they balloon into something that cannot be managed. Climate change, corruption of government institutions, hyper greed, perpetual war, mass ignorance/apathy, etc. the list goes on.
SSH-40
As well as the recent spread of extreme nationalism across Europe and the USA. Thinks are getting worrisome for sure.
@@BothHands1 that is not a problem, the problem is mass immigration, end of the draft and dearming of citizens. All of these simptoms occured before the fall of the Roman empire.
jure francetic
The fall of the Roman Empire could much more easily be explained by mass lead poisoning and inbred megalomaniacal leaders who favored their own interests over their country. That last one sound like anyone to you? We've got Nero number two in office right now.
Here in Germany I had an online marketing and get rich quick ad on this video 😂
In the states lots of people think that kinda shit doesn't happen in Germany. I guess it just goes to shoe that there's crooks everywhere, and even though Germany has more protections against them, the crooks will find a way through.
I got a get rich quick, make $1000 a day only using your phone ad for this video
The cinematography in these are great!
Incredibly written, I've got chills at how succinctly he tells you the insidious nature of these schemes. I'll be coming back to this regularly.
Wait, what? The US President passed a bill that removed the requirement for retirement fund managers to act in their clients best interests? WTF? (edit: I'm not American)
The US President can't pass bills. And yes, but there were reasons for that
It's called "Making America Great Again" you libtard! If it's not obvious then it's because Daddy Trump is playing 56d chess.
Yep. They no longer have fiduciary responsibility. They can literally recommend to you whatever they want.
The US President does pass bills, all bills must pass his desk and he has the right of veto over all of them. That's extremely basic politics, it astounds me that you don't know it.
No, it's called deliberately increasing the gap between the richest and everyone else. Trump doesn't give the slightest damn about the USA except in as much as it can benefit him personally. And Trump couldn't play regular chess against a child if the child started with only a black king and he had a full white side.
This is an excellent video. Everything is very well laid out and well spoken.
I liked this video, not only because I found it to be well-thought, but because of that ending card encouraging folks to actually read deeper into topics. I find that to be intellectually honest, and I thank you for it.
Very true, precise and crisp.
"There are many of you who will not want to hear the next part..."
I found them in the comments.
Haven't seen one yet. Mostly it's people agreeing with what the video said.
But I guess 64 likes means it's legit, right?
@@KingNefiiria Lol grade school was a rough time for you eh? Keep reading, you'll get better at it.
I didn't want to hear that part because that is where he wandered into the wilderness after a very good presentation. Multilevel marketing is not automatically a pyramid scheme, but becomes one if joining costs the newcomer more than administrative costs to the company. It is a common mistake, but learning about genuine pyramid schemes makes the difference very clear. A friend lost nearly his whole year's pay to one - *very* different from today's MLM. Pyramid schemes are closely related to Ponzi schemes and the chain letters (of bygone years, or are they still around?). I don't know if it's from lack of understanding or bias, or both or neither; he had the poise to stay rational about it in this era of rabid political hatred. Good show!
Terra Estrahl try 6k dislikes
@@youknowwhatyoureabsolutely4307 You know what, you're absolutely right.
Love this, always gotta keep these things in mind, I almost got sucked into working for "vector marketing" selling cutco knives. So glad I did the research first. And thank you as always for the thought provoking videos.
Lolllll me too.
I guess we learned from our mistakes.
Thanks for the great content
Great video, perfect script, awsome footage and mood. I
This video has got to be one of the nest put together explanations I have ever heard. The different phrases, transitions, and explanations all flow so smoothly and informatively. Thank you for this I can tell how much work was put in
This is still happening, just masked in different ways, under property booms. It always starts and ends the same, but no one ever sees it coming, those who do get ignored, those with to much money loss it all and those who wanted to grab their little bit of heaven loss everything. Greed blinds.
The property boom was giant in China and all that is left are abandoned skyscrapers
Property boom is one thing I'm not buying into. Literally everyone who lives in a house is over 60 years old, has a 30-year mortgage, or makes over $100K per year. Obviously something's wrong, but everyone else is like "buy property, great investment"
The Endless development cycle that follows the property booms in the us leaves thousands of empty fresh new homes and thousands homeless.
Thanks algorithm for putting this in my feed. Really helpful distraction.
Fantastic video! I never knew that about Albania! I get it shows the lack of world events we are taught in school. These kinds of scammers are a blight on society. It’s so gross when greed wins out over human decency and compassion.
What was the pyramid shaped building there? It looks woefully abandoned. Kind of like a place Dan Bell would showcase.
pyramid of tirana, built by enver hoxha, abandoned after the fall of communism because everyone hated him
‘You see, this isn’t a pyramid scheme, your job is a pyramid scheme.
Think about how there’s only a few upper management and a lot of middle/ lower level employees!!
If anything a normal job is a pyramid, we’re more of a Diamond-shape scheme’
-Guy in starbucks in a suit and a note pad.
I have my own grievances when it comes to regular jobs but at the end of the day, you still get a few bucks out of it. Heck, even a gig that you break even on is better than an mlm. I saw one man in Panera pushing financial advice. It's scary that people are willing to listen to that from a company that probably doesn't even have an algebra test for its "employees" much less a Finance 101 training.
U dont quite understand the term pyramid scheme if u compare a normal job vs a pyramid scheme
@@kanatran64 Right, a job isn't reliant upon constantly recruiting people. Once the job roles are filled, the workplace is good to go with selling the product or services. A pyramid scheme makes more money from recruitment of other people or those people investing back into that company than by selling an actual product or service.
However, I've always wondered something with jobs. I wonder how it would work out if people were paid more to work less hours and more people were hired. By "paid more", I mean that at the end of the week, you'd still have earned the same amount as you would for having worked 8 hours a day, but instead you work 4 hours and there are more employees so each person works about 4 hours. Then with more hours of the day available, you can make the choice to pick up another 4 hour job but the option is there to work just the 4 hours so that you're not stuck at work for so long. And you could make more money so you're not in poverty. Or focus more on school.
This would be my reason. I've started and stopped college multiple times because I find going to school for half a day, then going to work for 8 hours is exhausting and it's getting worse the older I get with my ability for concentration slipping. I keep quitting school to focus on work. But knocking out a 4 hour job that compensated like an 8 hour one would be amazing and though it's just 4 hours (actually 4.5 to 5 hours less than a work day if we count for lunch).
I dunno, just something I've been rolling around in my noggin', I've not sorted out all the details nor do I have an entrepreneurial bone in me to really make it happen, lol.
@@BewareTheLilyOfTheValley paid the same to work less hours and hire more people.
So one person, earning say £55 for an 8 hour shift, would earn that working a 4 hour shift. Then you have to pay someone another £55 to cover the other 4 hours.
Basically all businesses would have to double their salary expenses for no benefit to them whatsoever.
@@jonnyc429 I figured there was something I was missing, I probably wrote my comment back then as I am now, at like 5AM, lol! Yeah, that would get pricey.
That is some crazy architecture. If I wasn't listening to your chillingly well written video it was ogling the background.
This is an exemplary video. Thank you.
Well written, great content