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  • Profile picture of Bluenose

    Bluenose posted an update 4 years, 9 months ago

    “There’s a great deal of money that’s chasing deals and you’re seeing very competitive auction processes, and buyers are aware of that, so if they can position themselves in a way to gain exclusivity, they’ll try to do that.”
    https://financialpost.com/fp-finance/megadeals-fuelling-unprecedented-canadian-merger-and-acquisition-boom
    Sounds like a consolidation of ownership to me. Eventually this could mean a handful of people controlling everything. For example, how many people control the media in your country? Energy? Pharmaceuticals? Food production, distribution, and sales?…and on and on…

    • Profile picture of FiatLux
      FiatLux replied 4 years, 9 months ago

      Bingo… and the consolidation is helped along by central banks showering the big guys with interest-free money. The controlled demolition of the economy, devaluation of the currency, consolidation of ownership, and destruction of small business started in earnest with the first “quantitative easing” and got a huge boost with the scamdemic.