Bain Capital bought Toys R Us with leverage, put the debt on their books and it crushed them. There’s a great write up by Zachary Yost. https://austrian.economi

Bain Capital bought Toys R Us with leverage, put the debt on their books and it crushed them. There’s a great write up by Zachary Yost. https://austrian.economicblogs.org/mises-us/2021/yost-property-based-central-banks/ https://austrian.economicblogs.org/mises-us/2021/yost-proper... He looks like he could be 12, but I think the quality of his analyses are always excellent.