Reply to post: Re: Just wait 2 weeks

Supply, demand and a scary mountain of debt: The challenges facing IT as COVID-19 grips the global economy

Martin Gregorie

Re: Just wait 2 weeks

Why do you think that only the far left would say that?

Its pretty obvious that everybody from ICANN and PIR to XEROX and the so-called 'Activist Investors' think this is a really neat way to make money. Never mind that when they cash out they load the company they bought with the debt they incurred to buy it. That's now Somebody Else's Problem and its perpetrator couldn't care less whether it gets fixed or not.

Anyway, its unlikely the company will have recovered from that before the next shyster does it to them again.

Its been that way since the first time the East India Company had to be bailed out by the Bank of England in 1771 so don't hold your breath waiting for this style of predatory capitalism to be outlawed any time soon.

One good thing that Gates, Bezos and Ellison have in common is that at least they made their money by hard graft rather than by playing shell games with borrowed money.

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