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The Day the King Defaulted

- Financial Lessons from the Stop of the Exchequer in 1672

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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.
Leveringstid: 8-11 hverdage
Forventet levering: 19. Oktober 2024

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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