Comment

Comment by tekla

Easy. PE 99% of the time buy businesses that were already failing and provide a lifeline. A failing business can't afford to pay for expensive medical treatments without a loan that a bank will not provide since it is failing.

People who are vehemently against PE generally do not have any idea of how the system works

parent tekla 1 month ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton