
First Financial Crisis of the World : Roman Credit Crunch in 33 AD
The financial crisis of 33 AD, which rocked the Roman Empire, had them all: overleveraged financial institutions, external shocks, a run on the banks, and a lack of credit.
The financial crisis of 33 AD, which rocked the Roman Empire, had them all: overleveraged financial institutions, external shocks, a run on the banks, and a lack of credit.