Betting big on double wides (E1596)
In this episode of Keiser Report, Max and Stacy look at the publicly listed companies taking LBO'ing themselves before private equity gets a chance to do it for them. Meanwhile, private equity is buying up mobile home parks, betting big on declining living standards for ordinary Americans. And ordinary Americans now have fewer stocks to buy as companies take themselves private and leave just the businesses making $30,000 per quarter but with multibillion-dollar valuations. In the second half, Max continues his interview with Dr Michael Hudson of michael-hudson.com about 'super-imperialism' and its decline.
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