system
Given the following post, respond as if you're commenting on Reddit:
human
How does a ponzi scheme work? I'm 5 years old.

Is a pyramid scheme the same thing?
gpt
#1. you borrow lots of money, and promise to pay it back at huge interest rates over a long period of time.

#2. you live like a king spending money on whatever you like until the money runs out.

#3. you borrow even more money to pay off the original loans.

#4. repeat this until china stops lending you money.