Thread by @TheVinoMom

🚨 THE NEXT 2008 IS HAPPENING NOW 🚨

Party City. Joann’s. Forever 21. Big Lots. ALL COLLAPSING.

But this isn’t just “retail struggling.” This is financial arson.

Private equity rigged the system. They built a time bomb. And now? It’s detonating.

A MEGATHREAD: 🧵⬇️

1. THE BOMBSHELL

What if I told you…

Joann’s has 97% of its stores still profitable.
Hooters was making money.
Party City? Cash positive stores.

And yet, they’re all going bankrupt.

WHY?

Because Private Equity is using a weaponized version of the 2008 playbook.

Let me explain. ⬇️

2. THE 2008 PARALLEL

In 2008, Wall Street used adjustable-rate mortgages to sink the economy.

They hid toxic debt inside financial products called CDOs (Collateralized Debt Obligations).

When rates adjusted, people defaulted, markets crashed, and pensions tanked.

That same disaster is happening again—but this time, it’s hidden inside Private Equity. ⬇️

3. INTRODUCING “BACK FLOATING RATE DEBT”

They don’t call them adjustable-rate loans anymore.

Now, they call them “back floating rate debt.”

Same predatory scam. New name. But way worse.

Because this time, they’ve stacked it on top of businesses instead of homeowners.

And when rates rise, the business collapses instead of the bank. ⬇️

4. JOANN’S: A CAUTIONARY TALE

🔴 Joann’s was NOT failing.

✅ 97% of their stores were profitable.
✅ Sales were strong.
✅ Their customer base was loyal.

So why did they collapse overnight?

Because Private Equity loaded them with “Back Floating Rate Debt”—then let them die. ⬇️

5. THE ADJUSTABLE RATE NIGHTMARE

Joann’s didn’t take on $1B in debt—PE firms did.

And instead of paying it themselves, they forced Joann’s to carry the loan.

At 3% interest, the debt was manageable.
At 7.5%, it became a death sentence.

Interest payments tripled. The company collapsed.

And PE firms walked away rich. ⬇️

6. CLOs: THE NEW CDOs

Where did all that toxic debt go?

They bundled it.
They packaged it into new financial products called CLOs (Collateralized Loan Obligations).

Sounds familiar? It should.

This is exactly what they did in 2008 with CDOs.

Except this time, they sold it to pensions. ⬇️

7. HOW THIS THREATENS YOUR RETIREMENT

Your 401(k), your pension fund, your city’s retirement plan?

They own CLOs.

Because Wall Street sold them as “safe” investments.

But just like in 2008, when the defaults start rolling in, it won’t be the rich that suffer—it’ll be YOU. ⬇️

8. PRIVATE EQUITY OWNS EVERYTHING

Think this is just a retail problem?

🚨 Private Equity controls up to 25% of essential industries.

🏥 Healthcare
🏠 Real Estate
🍽 Food Supply
📦 Shipping & Logistics

And they’ve stacked all of it with back floating rate debt.

One domino falls—they ALL go down. ⬇️

9. TRUMP WANTS TO CLOSE THE LOOPHOLE THAT MAKES THIS POSSIBLE

This entire scam relies on a rigged tax code—the Carried Interest Loophole.

PE firms get taxed less than teachers & firefighters.

Trump says he’ll close this loophole.
If he does, it would cut the legs out from under Private Equity’s looting spree. ⬇️

10. THIS IS HOW WE STOP IT

✔ Expose the scam.
✔ Demand the end of the Carried Interest Loophole.
✔ Call out politicians protecting Private Equity.
✔ Stop pension funds from buying CLOs.

If we don’t stop this, we’ll wake up in a country where pensions are drained & essential industries are collapsing.

🚨 The time to act is NOW. ⬇️

11. TRUMP, ARE YOU WATCHING?

@realDonaldTrump
You said you’d close the Carried Interest Loophole.

If you want to bring Private Equity to heel, now is your chance.

This is the biggest financial heist in American history.

Are you going to stop it? ⬇️

12. SHARE THIS NOW 🚨

🔴 The media isn’t covering this.
🔴 Regulators aren’t stopping it.
🔴 Politicians are protecting it.

But YOU can expose it.

🔁 RETWEET.
📢 TAG your representatives.
👀 Watch the video.

This is 2008 all over again—unless we stop it.