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  • Enjoyable read... I kept thinking so where is the Straights of Hormuz in all this :-)
    by SA9G
  • Technically bond markets with fiat currencies are unnecessary but for some reason they still exist.
    by mono442
  • The author is also part of the team behind FT Alphaville (free but requires registration): https://www.ft.com/alphaville
    by almostkindatech
  • It's funny how many "financial innovations" seem to start as emergency hacks
    by BrtByte
  • Discussed here as well: https://podcasts.apple.com/nl/podcast/the-story-of-money/id1...
    by Bootvis
  • the story of the constantinople riots is really interesting. A foolish treaty established this unequal relationship between constantinople and venice that would later indirectly lead to the destruction of the empire through the fourth crusade and the weakening of the trade rights of its own citizens. The emperor who made that treaty was equally desperate and stupid.
    by interdrift
  • The author was on Top Tradders Unplugged 2 weeks ago, giving a nice hour long summary, which inspired me to read the book: https://www.youtube.com/watch?v=jsOUuihvpzs
    by veqq
  • A few decades later, Venice brilliantly exploited the Fourth Crusade’s debt (and the fact that they built all the Crusade’s ships) to proceed on a debt-collection/revenge tour along the Adriatic, sacking Zara, getting the entire Crusade excommunicated, and ultimately diverting the entire force to Constantinople where they sacked the city in 1204 and replaced the government with the Latin Empire.

    I found City of Fortune by Roger Crowley to be a very entertaining read, the full story of the Crusade is absurd. Venice completely dedicated its entire economy to producing the Crusade’s ships for years to make this happen.

    by digilypse

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