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bobthebuilders • yesterday at 10:24 PM • 2 replies • view on HN

Yeah the margins are tiny because private equity has spent the better part of the century destroying American dynamism and outsourcing all externalities including getting hacked to the people.


Replies

SOLAR_FIELDS • yesterday at 10:27 PM

This is only partly true, historically before private equity was a thing grocery was always a razor thin margin business that operated on volume. PE just made it worse.

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saimiam • yesterday at 11:37 PM

This is happening in France.