The Day the King Defaulted Financial Lessons from the Stop of the Exchequer in 1672 /

• Κύριος συγγραφέας: Milevsky, Moshe Arye (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017.
• Θέματα: Popular works.; Banks and banking.; Finance > History.; Macroeconomics.; Economic history.; Popular Science.; Popular Science in Finance.; Financial History.; Banking.; Economic History.; Macroeconomics/Monetary Economics//Financial Economics.

This book studies King Charles II's decision to stop all payments from his royal exchequer, a sordid but little-known event in English history with eerie similarities to the cause of the Great Recession of 2008. As with any modern banking crisis, the financial system in 1672 almost collapsed, d...