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The Day the King Defaulted

- Financial Lessons from the Stop of the Exchequer in 1672

af Moshe Arye Milevsky
The Day the King Defaulted af Moshe Arye Milevsky
Bag om The Day the King Defaulted

As with any modern banking crisis, the financial system in 1672 almost collapsed, day-to-day commerce ground to a halt, houses were lost, and ordinary investors suffered-but there was no banking bailout, and no mercy for the goldsmith-bankers who had lent the king millions to fund his unsustainable lifestyle.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783319599861
  • Indbinding:
  • Paperback
  • Sideantal:
  • 218
  • Udgivet:
  • 2. Oktober 2017
  • Udgave:
  • 12017
  • Størrelse:
  • 208x147x25 mm.
  • Vægt:
  • 326 g.
  • 2-3 uger.
  • 9. Oktober 2024

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Beskrivelse af The Day the King Defaulted

As with any modern banking crisis, the financial system in 1672 almost collapsed, day-to-day commerce ground to a halt, houses were lost, and ordinary investors suffered-but there was no banking bailout, and no mercy for the goldsmith-bankers who had lent the king millions to fund his unsustainable lifestyle.

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