Sublime

Second, those who hold return-seeking capital assets but who do not lever up are comparatively disadvantaged if their competitors do.

Sears filed for bankruptcy six months later. For more than a decade, the venerable department store had been controlled by a hedge fund manager named Eddie Lampert. The former Goldman Sachs trader merged Sears with another retailer, Kmart, sold off its real estate, reduced costs and spent billions on buybacks. After taking over as chief executive,

Due to the absence of a reasonable and healthy relationship of participatory cooperation between the capitalist [creditor] and the entrepreneur [debtor], the global economy suffers tremendously and faces alternative highs and lows that adversely affect the world’s economic health.