Video SummaryMatt Walsh argues that chain restaurant food quality has sharply declined in recent years, with nearly identical, poor-tasting food across major brands (Domino’s, Pizza Hut, Papa John’s, etc.).Key points raised:Private equity is often blamed, but it’s not the primary or new culprit; PE has owned major chains for decades (e.g., Domino’s to Bain in 1998, Burger King in 2002) and typically buys either growing or failing companies with the goal of long-term profit, not deliberate destruction. Some PE turnarounds (e.g., Arby’s) have been successful.Cases like Red Lobster are more complex: it was already in steep decline before PE involvement,...