3 ms·
Aqui-murdering is a consequence of our financial system. When some big company can get bank money at far less than other companies, let's say 3% just as a hypo
by narrator 14y ago
Aqui-murdering is a consequence of our financial system. When some big company can get bank money at far less than other companies, let's say 3% just as a hypothetical example, they can buy any business with a 6% cap rate and run it poorly so it only makes a 4% cap and still make a profit. This happens all the time. Meanwhile the entrepreneur cannot get money for anywhere near that and has to actually create real value instead of performing financial arbitrage as these companies with access to the cheap money can.