Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
“Still, there’s risk on Oak Street’s end: the leases are typically for 15 to 20 years, and there’s a good chance the companies can’t survive a recession.”
Yeah right, private equity is just looking to help out struggling businesses in these tough times.
You know the end is neigh when the business is forced to sell assets and lease them back from a bunch of vulture private equity vampires. BB&B, Big Lots, soon these two will join the ranks of Circuit City, HH Gregg, Service Merchandise….