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>> Why should it be legal to make billions of dollars in profit off of the failure of something? Should it be OK to have unchecked long pressure on assets? You
by icelancer 6y ago
>> Why should it be legal to make billions of dollars in profit off of the failure of something?
Should it be OK to have unchecked long pressure on assets? You think prices are inflated now? They'd be insane without short pressure.
- core-questions 6y agoWhy does the ownership of a local building need to become a pawn in a big stock-market casino game where people can walk away rich while everything falls apart? It's because these things aren't owned by local institutions that care about the area they are in, at all. They're owned by people who wouldn't even step inside the building if they could avoid it. The crux of the issue is that buildings and facilities that are essentially civic centers have been financialized.