“buying on margin”
Not really. When you lost on margin you paid on that margin. With naked shorting a seller can walk away with no liabilities.
Good point. Absolutely no liability with naked shorting. I have lost ALL faith in our markets. No where left to put my $$$ (whats left). My theory is that we continue to see this shift of investments from the Eurozone into US Treasuries. After the EURO falls apart (taking the UK w/it, and rightfully so), there will eventually be a failed US Treasury auction which sets off the mother of all crashes. Then Asia deteriorates with no one to buy their goods. Almost like another good ‘ol Dark Ages. Maybe not quite as bad and prolonged this time. But the Great Depression will look like a damn good time compared to what i see coming.
The only way out of this mess is through a complete and total global economic reset unfortunately. Of course, this scenario implies a linear progression, which never happens in reality.