3 ms·
It’s called extraction capitalism Just suck every last dollar of value out of every asset. Broken down, debt encumbered assets will be someone else’s problem,
by fieldcny 3y ago
It’s called extraction capitalism
Just suck every last dollar of value out of every asset.
Broken down, debt encumbered assets will be someone else’s problem, especially since bankruptcy can’t reach in to the pockets of the owners only the corps and LLCs that have stood as the facade for extraction