Sterling: Disaster Capitalism and Share Prices

sterling: It is called going long, according to The Guardian. Shorting is the opposite buying high and selling low. The claim is these short sellers are betting on big falls in share prices and the value of sterling in what critics say is a classic example of disaster capitalism . But how do they do it, who are they and are they all merchants of doom Tell me how shorting works The conventional way to make money from shares is to buy at a low price then sell at a high price. The approach of hedge funds is to target a share they believe is heading for a fall. Typically, the hedge fund borrows them, at a small fee, from a pension fund that is holding them for the long term. But the only way to make a profit is by not really owning those shares in the first place, rather borrowing them. (news.financializer.com). As reported in the news.