They are basically private-equitying the entire economy. Getting rid of the assets, distributing the proceeds amount themselves, and the next stage is liquidation - leaving everyone else to deal with the consequences.
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Exactly. All these bozo CEOs think they’re economic geniuses but their only idea, ever, always, is to fire people and let the company sink while shareholders take the money and run.
No no no. Private equity doesn't want asset destruction for no gain. They milk the last dollar of value from the assets. There's no gain here. No dividends from this. It's all pure destruction without gain. The tariff rate was based off the Goods trade deficit?!? That's insane.
This is how the oligarchy was created post USSR. Crater the value of everything, sell it cheap because we’re desperate and sell it back to the public for a profit.
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