00:00 - What's happening? 00:31 - What is Private Equity? 03:13 - The beginnings of Private Equity 08:18 - How Private Equity took over the economy 10:03 - But there was a problem... 11:41 - The next target for Private Equity 13:22 - But this next target might be worse news 15:52 - How Private Equity could ruin the economy
642 US companies went bankrupt in 2023, the highest number since the great financial crisis. But what’s more surprising is that companies owned by private equity are 10 times more likely to go bankrupt. The problem is, 1 in every 14 workers in the US collect paychecks from companies owned by private equity.
But what is private equity? How do they have more money than Apple, Microsoft, Amazon and Tesla combined? And what are they doing to the US economy?
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By: Vincent Chan Title: How Private Equity Secretly Broke The Economy Sourced From: www.youtube.com/watch?v=oakKv8QbFQE
