4 ms·
It does happen to restaurants. Ask Red Lobster. And to supermarkets - like Morrisons in the UK. And department stores - like Debenhams in the UK. They join a
by TheOtherHobbes 2y ago
It does happen to restaurants. Ask Red Lobster.
And to supermarkets - like Morrisons in the UK. And department stores - like Debenhams in the UK.
They join a long list of viable businesses that were/are vampirised by PE for quick returns.
Medicine in the US is just the most perfect platonic example of a PE chokehold on a critical market sector which has drastically negative effects on the rest of the economy, and on individuals who have to deal with it.