The IMF formula for taking over a nation:
The formula involves printing money out of thin air, …Loan money to a country well beyond it’s ability to repay, preferably to corrupt oligarchs, … wait for the country to fall into financial trouble, then make a deal to transfer all the valuable infrastructure assets of that country to its international creditors.
Now the oligarchs own the highways, bridges, water treatment plants, ports, beaches and national monuments and can CHARGE the citizens RENT for their use and control every aspect. Legally.
Summed up in my favorite 3 minute video from “Confessions of an Economic Hit Man,”