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Lonestarblue

(12,392 posts)

4. Over the next four years, we will see the gutting of the US for billionaire profits.

Reply to BumRushDaShow (Original post)

Wed Dec 11, 2024, 08:14 AM

Dec 2024

It isn’t just rights that we stand to lose. It’s jobs and local access to necessary services. The push will be to move even more things online because physical stores are expensive and fewer employees will be needed.

We’ll have more healthcare deserts as private equity takes over most hospitals and medical practices to squeeze every penny from them and then close what’s left.

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UniqueUserName IthinkThereforeIAM Alice B.area51 area51 EastBayGuy

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Highlight:

Walgreens considering selling company to private equity firm, according to published report [View all] BumRushDaShow Dec 2024 OP

darn. We lost our local pharmacy last spring and I had to move my perscriptions to Walgreens which riversedge Dec 2024 #1

How far are you DownriverDem Dec 2024 #5

I'm going to check out Mark Cuban's Cost Plus company. Joinfortmill Dec 2024 #9

Private equity firms are destroying so many companies. Greed, greed, greed... hlthe2b Dec 2024 #2

The stomach-churning stench... GiqueCee Dec 2024 #10

Private Equity is so profitable. Often they are collections of brands. bucolic_frolic Dec 2024 #3

Over the next four years, we will see the gutting of the US for billionaire profits. Lonestarblue Dec 2024 #4

Get ready DownriverDem Dec 2024 #6

I will stop getting prescriptions filled there...which is about all the business they seem to do lately. Joinfortmill Dec 2024 #7

And to think I've asked "can Walgreens get any worse." Vinca Dec 2024 #8

You beat me to it. (nt) Paladin Dec 2024 #11

Guess they want to go the route of Bed, Bath, and Beyond, K-Mart, and Hancock Fabrics, to sinkingfeeling Dec 2024 #12

Just for raising that option, I'm done with them RainCaster Dec 2024 #13

I often wonder if the Mafia owns drug stores JohnnyRingo Dec 2024 #14

And the billionaires will take over . . . AverageOldGuy Dec 2024 #15

Doesn't private equity Linda ladeewolf Dec 2024 #16

They play accounting games to loot the companies load them up with debt harun Dec 2024 #17

That's what the one that owned the Bi-Lo grocery chain did and the chain went out of business. cstanleytech Dec 2024 #20

Yes, private equity firms coprolite Dec 2024 #21

Private equity and LBOs are what made Mitt Romney a multi-millionaire FakeNoose Dec 2024 #18

Never a good sign. cstanleytech Dec 2024 #19