3min chapter

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Debt and the Collapse of Antiquity – Michael Hudson (pt 1/2)

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CHAPTER

The Battle of the Creditors

David Frum: Cicero and Plutarch were both opposed to debt forgiveness. He says their views reflect a trend that has been going on for several thousand years. Rome bequeathed to the West creditor oriented law, he says. This is what made Western civilization different from everything that went before,Frum writes.

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