For a brief moment, as record after record was smashed, it seemed that private equity buyout prices were destined to keep rising.Abigail Townsend gives the details at the UK Telegraph.
As the last few weeks have demonstrated, it was a falsehood – and a grossly expensive one at that.
After the boom period saw private equity firms compete among themselves to buy ever bigger companies for even bigger sums, the value of those investments is now tumbling.
Money Developments (5c) Compulsory Change
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The nature of money and banking would change dramatically if the government
made it compulsory for people and businesses to use the CBDC for all
transact...
4 days ago
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