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Private equity faces existential crisis in US as unsold companies pile up (www.theguardian.com)

submitted 2 days ago by MicroWave@lemmy.world to c/economics@lemmy.world

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Private equity firms and the companies they own employ over 13 million, from startups to rural hospitals and large retailers, but experts’ concerns of collapse are growing

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[–] fubarx@lemmy.world 7 points 2 days ago

"When they go down, either you need to bail them out, or you need to find someone to save them..."

Answered their own question.

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