ALTIF transcripts: Twilight of the private equity gods
Twilight of the Private Equity Gods Private equity firms have amassed vast fortunes for their owners by snapping up companies in a rising stock market using ultra cheap debt. But what happens when values go down and interest rates rise? We talk to US investor and private equity sceptic Dan Rasmussen about the coming buyout Götterdämmerung. […]
In the Blind Spot (Ghost guns, crypto, online groceries)
This edition of the Blind Spot Wrap was compiled by Izabella Kaminska (IK) and Dario Garcia Giner (DGG). Markets, finance, economics etc… As of Monday, everyone expects a 75 basis point hike by the Fed this Wednesday. Markets puked accordingly. Oh to remember the transitory inflation days. – IK The BIS differentiates cross-border financial centres […]
Anacyclosis Watch: Why the middle class underpins democracy
In The Blind Spot’s first post introducing the concept of Anacyclosis, Tim Ferguson, founder of the Anacyclosis Institute, explained how the ancient Greek theory outlines the probable and natural sequence of political evolution. As that post concluded, authentic democracy – reflecting but one phase in this broader sequence – requires a stable, independent and self-sufficient […]
Democracy’s ‘Anacyclosis’ blind spot
Last week The Blind Spot featured a satirical news report from the scene of Caesar’s assassination in 44 BC. It was a lighthearted attempt to generate interest in a theory close to The Blind Spot’s heart: that of Anacyclosis. But it’s not just a flight of classical fancy on our part. We genuinely consider the […]