RadioRaheem84
9th February 2010, 21:01
http://www.investopedia.com/university/
Short selling itself is an ingenious way to make quick cash for high end investors but its also ripe for manipulation.
Arbitrage alone makes you think that just what productive value can come out of taking advantage of the price differentials between two markets in different time zones. Millions could be transferred in mere seconds!
It's no wonder Wall Street tycoons think of themselves as genius masters of the universe. They make millions off of well thought out scams to trade pieces of paper! There is no productive use to some of these schemes and many are in fact destructive for the real economy.
How does any western democracy allow for this to go on?
Short selling itself is an ingenious way to make quick cash for high end investors but its also ripe for manipulation.
Arbitrage alone makes you think that just what productive value can come out of taking advantage of the price differentials between two markets in different time zones. Millions could be transferred in mere seconds!
It's no wonder Wall Street tycoons think of themselves as genius masters of the universe. They make millions off of well thought out scams to trade pieces of paper! There is no productive use to some of these schemes and many are in fact destructive for the real economy.
How does any western democracy allow for this to go on?