There is a lot of talk of a recession looming on the horizon, depending on which country your economy might already be in a recession.
The bull case for investing in the prison system during a recession is based on the idea that during economic recessions, crime rates could increase and lead to higher incarceration rates.
This could lead to more people needing to take penitentiary chances to make a living or to just survive. In theory, this could lead to increased demand for prison facilities and services, benefiting GEO
While this may be a controversial stock for some people, without companies like GEO there might be complete and utter chaos in some cities.
Ultimately, the question of whether companies like GEO are beneficial to society depends on one's perspective and the specific circumstances and oversight of each facility and contract. It is a complex and contentious issue that continues to be a topic of debate and discussion in many countries.
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