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Wells Fargo Is Plotting to Privatize the Post Office (jacobin.com)

submitted 2 days ago by tonytins@pawb.social to c/usa@midwest.social

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[–] Chozo@fedia.io 6 points 2 days ago

And over the 10 years since privatisation, there’s been a negative total return of 18.9%. But hey, let’s not complain too loudly: over five years, there was a negative total return of just over 51.5%.

Yikes, that seems bad.