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#BuyStripFlip

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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"



theguardian.com/business/2024/

The Guardian · Slash and burn: is private equity out of control?By Alex Blasdel