well that's my next headline oh ok b.m.w. town crashes and pyramid fraud yes ben bernanke used pyramid fraud scheme isn't the only one going for as long as anyone can remember she's a town in china has been poor the village is little more than a dusty grid of brick shacks and its residents live on an average of just a thousand pounds a year but this spring a miraculous transformation occurred the local suddenly noticed that they were rich we have become a b.m.w. town declared one shocked a villager in the local internet forum well it turns out that it was a guy named king claw and he returned to the village from beijing and he had a fantastic idea he took the villagers savings which amounted to fifty five million dollars and he promised them interest rates of ten percent on their savings what he did with it is lent out to thirty percent to property developers who built all these fantastic apartment developments which nobody could afford to buy so the whole pyramid frauds collapsed last run from john law. but i didn't this is a cla