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55555today at 3:42 PM2 repliesview on HN

1. Dictator gets loans for his country 2. Dictator puts the money in his Swiss bank account 3. Government is overthrown 4. The populace has to pay off the debt

Perhaps him being in custody will lead to some of the money being found and returned.


Replies

joenot443today at 3:54 PM

I don't think there's a Swiss bank account in the world with room for $240b.

There's no doubt Maduro enjoyed some taste of the froth, but this is a silly oversimplification.

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seanmcdirmidtoday at 3:46 PM

Isn’t that how private equity works?