shorting, page-37

Need to think in terms of "other peoples money"...

THEY effectively use the nations money to generate returns in niche products, the proceeds of which get farmed off into the back pockets of an elite few (in relative terms).

This has been going on for decades...and usually is not even noticed by the wider market, whos investments may collectively suffer an across the board negative impact of just 1% or so in value...nothing right?

lol...thats about 1% of tillions however...a nice little prize for some.

Such scams can survive with ease on the back of a healthy market, but when the shit hits the fan as we are seeing far too often lately, all these grubby little behind the scenes arrangements come to the fore.

The regulator is sleeping at the wheel, which he can usually get away with on those long straight stetches of nothing...but the first bend in the road usually brings it all undone.

We are seeing this now.

Cheers!