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valuable insights. Lending to the Borrower from Hell looks at one famous case--the debts and defaults of Philip II of Spain …
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-- Chapter 8. Tax, Empire, and the Logic of Spanish Decline -- Epilogue. Financial Folly and Spain'S Black Legend -- References … valuable insights. Lending to the Borrower from Hell looks at one famous case--the debts and defaults of Philip II of Spain …
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Debt levels in the eurozone have reached new record highs. The member countries have tried to cushion the economic consequences of the corona pandemic with a massive increase in government spending. End of 2021 public debt in relation to GDP will approach 100% on average. There are various calls...
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