Mikaela, Lily, Violet, and Ciri — a plural collective of nerdy, quoiromantic, poly, lesbian computer engineers and leftists.

Current media obsessions: Persona 5, RWBY, Cosmere


NireBryce
@NireBryce

btw the keyword you want to search to understand basically all of the 2010s in terms of doctors, hospitals, and a whole lot of other businesses, is leveraged buyout where they can take out a debt and buy a business... with the debt, and then liquidate the business

edit: i misspoke. you give the company the debt that you took out to buy them.


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in reply to @NireBryce's post:

In fact, this is the thing to understand about why everything has been going to hell since the 80s. The entire bait and switch that allows the debt to be handed off to people who never wanted it and never agreed to it and never saw a cent of the money borrowed, while the people who take the money get out scot-free, is a mockery of justice. But it's not really new. It's just the logic of empire being brought home. It's exactly the same logic by which Haiti is held to owe France money for having liberated themselves from slavery.