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> Another example from the book: Madagascar. The French invaded, and took out their Queen. Then imposed taxes on the population as to get back the money they in
by thehappy 9y ago
> Another example from the book: Madagascar. The French invaded, and took out their Queen. Then imposed taxes on the population as to get back the money they invested in the invasion/war. wtf
That's a leveraged buyout. Borrow money to take control of another entity. Use revenue from the target entity to pay that debt. Profit.