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"A Reckoning is Coming For the Private Equity Economy"
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"The article discusses how private equity firms are using a \"dividend recap\" strategy to pay themselves special dividends, leaving companies with high debt. This increases the risk of a global recession, which is already predicted by Goldman Sachs with a 45% chance. The article also notes that private equity firms rely on strong demand for private equity debt and robust demand for their companies when they need to exit, but this is becoming increasingly difficult in a volatile market."
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