7min chapter

Library of Mistakes cover image

EP 35: Lending To The Borrower From Hell (with Mauricio Drelichman)

Library of Mistakes

CHAPTER

Historical Lending Practices and Defaults

This chapter examines the evolution of loan structures and historical lending practices, particularly focusing on the profitability and hidden fees involved. It compares past default negotiations to modern debt markets, exploring the theological justifications for defaults and the complexities of state contingent debt today.

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