Private equity should be abolished. It's literally richfags getting richer by making things worse for everyone else.
Private equity firms are thankless heros. They buy failing businesses and make them not fail. But oh no you have slightly less chips to shove into your fat face.
Citizenship passes and free food and gas
The term you're looking for is the Matthew effect and it's really just common sense. Go play any game where you can build up resources. You will find that the more resources you have the easier it is to then acquire more. Minecraft is a good enough example. With better resources you can make better tools, enchantments, mine faster, and set up farms. Eventually it practically runs itself.
>>541045030If it's so easy, why don't you do it? Percentage gains are percentage gains.The truth is, it's not just 'richfags' getting rich. Just under half of them lose money on average, when you exclude corrupt officials and insiders fiddling the market. Economics is zero-sum.
>>541045120They buy failing businesses and then sell all their assets in a liquidity pump and dump and then turn them into renters in buildings they used to own
>>541045116>>541045120>>541045276Shalom
>>541045030just buy second can of pringles you fat fuck, or wait, are you not only fat but also poor? lmao
Do you actually eat that slop?I once tried and can't make it halfway down the can without getting an upset tummy and explosive diarrhea.On my boycott list.
>>541045030what is private equity anyway?
>>541045374Based alert?
>>54104627>be richfag>get together with your richfag friends>pool a bunch of money together>go to the bank to leverage it for even more money>use that money to buy a business>start slashing costs (jobs, material quality, portion sizes, safety standards, import jeets)>reduce the product to a soulless pozzed postmodern goyslop piece of shit indistinguishable from everything else in its niche>quarterly reports through the roof because your overhead is gone>sell the company to another sucker now that it's "profitable" >pay back the bank and split the earnings amongst yourselves>repeat
>>541045120Sounds like they are interfering in the free market. Those businesses were supposed to fail.
>>541045030Yes. It is also a way for the ruling class to repay investors using the plebs’ 401k
>>541045120Utterly rabbinical
yes capitalism is very jewish