You can actually skip step 1 if you want. That’s what they did with toys’r’us. Those actions have long since convinced me anything financial is just a game played by the very rich.
Mac@mander.xyz 3 days ago
Spend lots
Go into debt
Buy successful company
Load it with your debt
File for bankruptcy
Make out like a bandit
Rinse, repeat
NannerBanner@literature.cafe 3 days ago
Rivalarrival@lemmy.today 3 days ago
Games have rules.
architectonas@lemmy.world 3 days ago
Winning is easier without sticking to them
NannerBanner@literature.cafe 3 days ago
Yeah, and in our current world, there are a lot of specific loopholes that are made to be exploited. It’s almost like the people ‘winning’ the game have written the rules of the game…
Flower@sh.itjust.works 3 days ago
TL;DR: private equity