@pvonhellermannn@mastodon.green
Post #3466210
2024-11-30 07:51 UTC
#FollowTheMoney 🧵 50/n Today adding this excellent video by @RichardJMurphy@mas.to on how “the City” is not our “Jewel in the Crown”, as Rachel Reeves put it, but a parasite extracting huge amounts of money for self-enrichment. It does not add any value to the economy.
So important to see the City for what it is.
https://youtu.be/yZYXZR4AXSY?si=YTtLWpLD7wzzt5hd
Replies (1)
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@pvonhellermannn@mastodon.green 2024-11-30 08:58
#FollowTheMoney 🧵 51/n Richard’s video has spurred me on to do a few posts now on #PrivateEquity. Long overdue here, because private equity is at the heart of how our world works! (Just to state again: i am not an expert, just someone who is trying to make sense of our world by #FollowingTheMoney, in an eclectic 🧵) To start with basics: what is private equity? I like this clear definition by Justin Robertson https://www.tandfonline.com/doi/full/10.1080/13563460903288270