Instead they invented new ones and applied them rather selectively as they went around on an ever faster spinning carrousel of profit margins, lending practices and back office deals.
The rest is history.
All of us groaned and some camped, but eventually most of us picked up and moved on in order to give our national GDPs a good push, because surely that’s what’s needed - a sturdy growth index! With more of us working at lower rates and many of us working basically for free, this should not be too difficult, right?
But then, those very clever guys are also working away hard - at the next back office deal! With governments desperate for capital and jobs, they see their chance to secure permits, licenses, and subsidies.
Riverstone, a private equity firm that invests in oil and gas exploration, determined that now is the time to invest in hydraulic fracturing (fracking), the new gold rush in gas exploration. Their money is causing a great deal of damage in the UK where Cuadrilla Resources, the drilling company sponsored by Riverstone, is pumping chemicals into the ground to release trapped gases, causing seismic shockwaves and burning faucets.
They have moved into Sussex now and the locals joined them for a tea party next to the drilling hole. Our turn this time:
Frack off and go home, guys!
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