If a) ∃ capital glut b) private creditors took a 75% Greek debt writedown c) EC/IMF won't, why can't a PE firm cartel "take Greece private"?
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I mean, Apple buying Greece is silly, but $280-300B isn't that huge that a PE cartel couldn't finance a serious fixer-upper buy, right?
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would end up not far off from the power granted to private tax collectors in France before the revolution: who wants to be those guys?
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oh plenty, under right conditions. Private tax collection was how colonization got traction.

