Editing Ponzi scheme (section)

=== Ponzi game ===
In [[economics]], the term "Ponzi game" designates a hypothesis where a government continuously defers the repayment of its [[Government debt|public debt]] by issuing new debt: each time its existing debt arrives at maturity, it borrows funds from new and/or existing lenders in order to repay its existing debt.<ref>{{Cite journal|last=Wigger|first=Berthold U.|date=2009|title=A note on public debt, tax-exempt bonds, and Ponzi games|url=https://linkinghub.elsevier.com/retrieve/pii/S0164070408000487|journal=Journal of Macroeconomics|language=en|volume=31|issue=3|pages=492–499|doi=10.1016/j.jmacro.2008.07.003|s2cid=154039145 }}</ref><ref>{{Cite journal|last1=Blanchard|first1=Olivier|last2=Weil|first2=Philippe|date=2001-11-29|title=Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games under Uncertainty|url=https://www.degruyter.com/document/doi/10.2202/1534-6013.1031/html|journal=The B.E. Journal of Macroeconomics|language=en|volume=1|issue=2|pages=153460131031|doi=10.2202/1534-6013.1031|s2cid=201282659|issn=1935-1690}}</ref><ref>{{Cite journal|last1=O'Connell|first1=Stephen A.|last2=Zeldes|first2=Stephen P.|date=1988|title=Rational Ponzi Games|url=https://www.jstor.org/stable/2526789|journal=International Economic Review|volume=29|issue=3|pages=431|doi=10.2307/2526789|jstor=2526789}}</ref>