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Great video. All these investment bankers using leverage (debt) to buy real businesses (Plumbing company) and juicing them up to sell at more then when they bought for.
The exit plan to 401(k) is not going well. About $3.6T across 30k businesses don’t have an exist meaning that $3.6T is all paper gains.
Yikes this can be a huge problem for the rich.
92 sats \ 1 reply \ @kurszusz 9 Nov
Equity investing can work well under normal circumstances... But if there's a crash, then boom...most equity investments will be liquidated... So...it's dangerous!
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