Lending to the Borrower from Hell Debt, Taxes, and Default in the Age of Philip II |
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| Author:
| Drelichman, Mauricio
Voth, Hans-Joachim |
| Series title: | The Princeton Economic History of the Western World Ser. |
| ISBN: | 978-0-691-17377-1 |
| Publication Date: | Feb 2017 |
| Publisher: | Princeton University Press
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| Book Format: | Paperback |
| List Price: | AUD $47.99 |
Book Description:
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Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell looks at one famous case--the debts and defaults of Philip
Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell looks at one famous case--the debts and defaults of Philip