People Are Exposing Billion-Dollar Industries That Add Zero Value To Society

10.

“Private equity and consultants that are paid to tell you to just lay off workers.”

—RiverParty442

“Funily enough, private equity and private credit are in trouble now, and they are cheesing their numbers so hard that it’s borderline fraud.

Turns out you can only do the buy extract profits load with debts sell cycle on companies so much before they go under, especially now that interest rates are a thing again, and now they have trouble selling the companies they own, and finding new companies to make worse that haven’t already been picked clean by other vultures.”

—klti