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Nairaland Forum / Nairaland / General / Investment / Mmm And The Hypocrisy Of Nigerian (1728 Views)
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Mmm And The Hypocrisy Of Nigerian by AfroGroup: 12:01pm On Nov 17, 2016 |
MMM AND THE HYPOCRISY OF NIGERIAN Those who recognized MMM as a ponzy scheme that will collapse with time and they are good in calculating it expiring date, hence rush in to ripe million of Naira and rush out immediately, I say kudos to you. You are personification of wisdom. Those who believe that MMM is a viable investment platform and will last forever, hence they have no exist plan or time, I called you hypocrite. It is true that MMM is paying now, while will they not pay when payment of excess return is actually a marketing tool to attract more people not to help you as you are make to believe. OK, lets do a little analysis, only for the critical thinker. This people produces nothing, they paid investor from new investors money. Suppose the population of Nigeria is 10 people and the ten people are named A, B, C, D, E, F, G, H, I AND J. A and B invested N100 each making it N200 C and D invested N100 each making it N200. The operator of this scheme will return to A and B their N100 investment each together with N30 from C and D. In this process, A and B will be happy they both earn N130 each while C and D accrues a deficit of N30each. Their N100 is reduce to N70 Each. (Of course the scheme will never let you know they are accumulating huge debt which they will never pay because they warn you). C and D will wait for E, F and G to invest maybe N200, N100 and N50 respectively(Maybe foolish A and B reinvest) making a total of N350. If you add the N350 to N140(what is left of C and D investment after paying part of their investment to A and B as "help" ![]() The operator of the scheme will take N260 from this cash and pay N130 each to C and D. The balance cash left with the operator is N230 (490-260=230) while the money they own people i.e E, F and G is N350(their total investment) Now the deficit or debt this scheme own the public is now N120 (From N60 to N120). Note that this people makes other expenses; they operate an administrative office, they pay programmers, they pay consultant and they equally conduit some cash into their personal coffer( perhaps you don't know this, they don't run a central account, they only instruct you to pay cash to a real person)but they equally have real people on ground who work for the scheme, they will instruct you to pay money into Mr Femi account, actually, Mr Femi is part of the business. 20 different people from different location will be instructed to 'Help' Mr Femi as they said it and Femi will wire the cash out. Are you surprise! Now as more people get "help" and Mr Femi equally get more help without your knowledge, so do the debt profile rise. At a certain stage, the market will be saturated, i.e G, H, I and J have invested and everyone is waiting for profit while none is actually investing again, this is when the scheme will collapse. If you ask me, i will say in a year or so, it will collapse, people are rushing in now and there is enough cash to pay back, wire out and spend on administration. Soon the rush will be over and people will be expecting their return, since less cash is coming in and the debt profile is enormous, they will be no money to pay and the ponzi scheme will reveal itself. BE WISE 3 Likes 2 Shares |
Re: Mmm And The Hypocrisy Of Nigerian by JeffreyJamez(m): 12:27pm On Nov 17, 2016 |
You couldn't have said it better!!.... But of course the educated greedy illiterates that make up the bulk of the Nigerian populace would not see it that way, their own is, so far they see their money, they're okay, not minding where that money is coming from. 3 Likes |
Re: Mmm And The Hypocrisy Of Nigerian by virus05(m): 4:16pm On Nov 17, 2016 |
AfroGroup:Thanks bro! best explanation for them. #Neverpatronizescammers 1 Like |
Re: Mmm And The Hypocrisy Of Nigerian by olorunda68: 6:15pm On Nov 17, 2016 |
I just got MMM alert! ![]() 1 Like |
Re: Mmm And The Hypocrisy Of Nigerian by shedyman: 9:32pm On Nov 17, 2016 |
Don't be mislead. MMM is real. U can make 100% and even more from your investment at MMM United. WhatsApp 07068861810 on bit by bit details of how to take advantage of this financial revolution. |
Re: Mmm And The Hypocrisy Of Nigerian by olorunda68: 9:55pm On Nov 17, 2016 |
virus05:too much analysis leads to paralysis! join the financial revolution now ![]() virus05:too much analysis leads to paralysis! join the financial revolution now ![]() 2 Likes |
Re: Mmm And The Hypocrisy Of Nigerian by virus05(m): 12:33am On Nov 18, 2016 |
olorunda68:i don't do shits , i do online legit biz+ some of my side cash flows on autopilot.. MMM ko NNN ni. Use ur head.I'm just 19 years
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Re: Mmm And The Hypocrisy Of Nigerian by Jollyakat(m): 2:56pm On Nov 18, 2016 |
70% of MMM investors also believe that it is a scam. they just wanted to play smart by making the little amount they Can before the scheme crash. |
Re: Mmm And The Hypocrisy Of Nigerian by charleseee(f): 3:25pm On Nov 18, 2016 |
virus05:3 dollars? |
Re: Mmm And The Hypocrisy Of Nigerian by virus05(m): 6:43pm On Nov 18, 2016 |
charleseee:read what i wrote again, unless u no go school. I'm a freelancer thats where i make most of my cash from, thats just side cash which gives me $200+ every month, Leave MMM be wise, Sharp Mouth |
Re: Mmm And The Hypocrisy Of Nigerian by AfroGroup: 12:25am On Nov 30, 2016 |
shedyman:Shedyman,we all know MMM pays, but it seem you don't know it is a ponzi scheme. you are blinded by the cash that you failed to see the entire scheme. |
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