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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mstdn.social/users/junesim63/statuses/113281859443136983">JuneSim63 (junesim63@mstdn.social)'s status on Thursday, 10-Oct-2024 16:27:55 JST</a><a href="https://mstdn.social/@junesim63" title="junesim63@mstdn.social"><img src="https://gnusocial.jp/avatar/42129-48-20230110191206.webp" width="48" height="48" alt="JuneSim63" style="position: absolute; left: 0; top: 0;">JuneSim63</a></section><article><p>Excellent long read from Alex Blasdel explaining the dangerous rise of private equity, which he likens to a virus:</p><p>"..private equity exists to replicate and enlarge itself, not to build anything in particular....</p><p>...every day we’re not regulating it, we’re letting it regulate us. We’re letting it take over our cells and replicate aggressively. It’s clear who’s on the winning side of that bargain"</p><p><a href="https://mstdn.social/tags/PrivateEquity" rel="tag">#PrivateEquity</a> <a href="https://mstdn.social/tags/VampireCapitalism" rel="tag">#VampireCapitalism</a> <br><a href="https://mstdn.social/tags/BuyStripFlip" rel="tag">#BuyStripFlip</a> <a href="https://mstdn.social/tags/Finance" rel="tag">#Finance</a> <br><a href="https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control?CMP=GTUK_email" rel="nofollow noreferrer">https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control?CMP=GTUK_email</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/3804057#notice-7441906">In conversation</a><time datetime="2024-10-10T16:27:55+09:00" title="Thursday, 10-Oct-2024 16:27:55 JST">about 7 months ago</time> <span>from <span><a href="https://mstdn.social/@junesim63/113281859443136983" rel="external" title="Sent from mstdn.social via ActivityPub">mstdn.social</a></span></span><a href="https://mstdn.social/@junesim63/113281859443136983">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: i.guim.co.uk</div><h5><a href="https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control?CMP=GTUK_email">Slash and burn: is private equity out of control?</a></h5><div> from <span>https://www.theguardian.com/profile/alex-blasdel</span></div></header><div>The long read: From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of modern life in its endless search to maximise profits</div><footer></footer></article></li></ol></footer></blockquote>

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JuneSim63 (junesim63@mstdn.social)'s status on Thursday, 10-Oct-2024 16:27:55 JST JuneSim63
Excellent long read from Alex Blasdel explaining the dangerous rise of private equity, which he likens to a virus:
"..private equity exists to replicate and enlarge itself, not to build anything in particular....
...every day we’re not regulating it, we’re letting it regulate us. We’re letting it take over our cells and replicate aggressively. It’s clear who’s on the winning side of that bargain"
#PrivateEquity #VampireCapitalism
#BuyStripFlip #Finance
https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control?CMP=GTUK_email
In conversationabout 7 months ago from mstdn.socialpermalink
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1. Domain not in remote thumbnail source whitelist: i.guim.co.uk
  Slash and burn: is private equity out of control?
  from https://www.theguardian.com/profile/alex-blasdel
  The long read: From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of modern life in its endless search to maximise profits

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