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by JumpCrisscross
20 days ago
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> if you wanna fix or ban PE, solve pensions PE is a bogeyman, emblematic of a problem but not the problem per se. The problem is leverage. Critical services should have a borrowing limit and prohibitions on any pay-outs to owners while any leverage is in place. Kicking out private equity and replacing them with family offices doesn’t solve anything; removing the debt does. |
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