American investors are increasingly acquiring European companies, prompting calls for new ownership models to protect economic sovereignty.

cross-posted from: https://slrpnk.net/post/22904041

American investors are increasingly acquiring European companies, prompting calls for new ownership models to protect economic sovereignty.

  • Che Banana@beehaw.orgEnglish
    151·
    4 days ago

    American investor business model: Buy business, squeeze every last penny, ruin business in the meantime, sell off the corpse or get a tax write off/bankruptcy protection.

    This has been happening the last couple decades and has accelerated…it’s only a matter of time before the whole shit show collapses