It appears that J.P. Morgan, Goldman Sachs and Barrick Gold have nothing on the bankers from Florence and Venice! Those Venetians knew all the moves well before anyone else! Now those guys were the masters of derivatives. Gallaher's article from thirteen years ago was early - but there's plenty to be learned from it. Looks like the 1340s has a lot more in common with the noughties than I thought."How Venice Rigged the First, and Worst, Global Financial Crash" by Paul Gallaher.
"Six hundred and fifty years ago came the climax of the worst financial collapse in history to date. The 1930s Great Depression was a mild and brief episode, compared to the bank crash of the 1340s, which decimated the human population."
It's long one but a good'un!
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