MLM and developing countries

It must be the desperation to escape from the shackles... I have observed that MLM scams become huge only in developing countries... 

I remember a relative trying to persuade me to sign up for a gold coin MLM scheme in 2003. I went to a huge mass rally just to please him.. He was a bigshot in that MLM organisation.. In that rally they were boasting how that MLM was so popular in Sudan, Egypt, Ethiopia, Eritria etc.. And I was going WTF!!.

There is a behavioral economics PhD thesis hidden somewhere in this...

The killer - EVERYBODY in India who signed up for that gold-coin MLM came out ahead... Because the price of gold appreciated 300%!!! Haha...