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investorsspeculators are buying shares on broker credit

Is this something new, like the result of some deregulation?

What I mean is that there was the dot-com bubble when worthless stocks were sold with "knowledge economy" mumbo-jumbo; then there was the subprime mortgage/derivates bubble when mortgages with little hope of repayment were re-packaged to be sold as the safest investment around; what's the biggest Ponzi scheme this time?

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Mon May 19th, 2014 at 01:19:12 PM EST
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