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there is a well-known pattern in government behavior called financial oppression: There exists an alternative to outright default. “Financial oppression” (imposing on creditors real rates of return that are either negative or artificially low) has been used repeatedly in history in similar circumstances. Investors should be prepared to face financi
... See moreJonathan Tepper • Endgame: The End of the Debt SuperCycle and How It Changes Everything
consider a crisis to be a collapse in demand.
Hermann Simon • Confessions of the Pricing Man: How Price Affects Everything
The central relationship that money crystallizes is between lender and borrower.
Niall Ferguson • The Ascent of Money: A Financial History of the World: 10th Anniversary Edition
The Long, Slow Death of Global Development - American Affairs Journal
Henry Williamsamericanaffairsjournal.org
And the Money Kept Rolling in (And Out): Wall Street, the Imf, And the Bankrupting of Argentina: Wall Street, the IMF and the Bankrupting of Argentina
amazon.com
With the exception of the US, virtually every country devalued its currency because they had to monetize some of their war debts. Had
Ray Dalio • Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
