Buying From Oneself is Not Business Success
Because circular financing is a type of pyramid scheme
How the scheme works:
Older articles about such schemes:
- FTC Realises Microsoft Buying Fake 'Clients' to Fake "Revenue" (Microsoft 'Buying' Services and Products From Itself!)
- The Oracle Ponzi Scheme
- Oracle Fraud (or Defrauding Shareholders)
- NVidia is a Bubble
Back in January, weeks or merely days after lying about "hey hi", Microsoft sponsored a notorious conman (other than Scam Altman) and Convicted Felon. Scam Altman and Convicted Felon met on the occasion sponsored by Microsoft.
They started name-dropping utterly meaningless BS like "Stargate" (as if slop is "intelligent" and has something to do with space travel) and mentioned figures that didn't make sense at all (money that basically did not and still does not exist). Weeks ago it was reported that the Convicted Felon told Kapo-berg to utter in the media some totally fake monetary figure in relation to "hey hi" (greater than the supposed value of the entire company, "Meta") just to make it seem like the economy was recovering under the Convicted Felondom.
And here we are, dealing with an obvious scam and obviously fake economics, wherein companies that lose a ton of money while things deteriorate pretend to be "worth" trillions or deserve trillions [1, 2].
This isn't at all a joking matter even if you already laugh at the whole thing because your pension, savings etc. are tied to this scam at some level. █