Tulips that cost as much as a house, Newton’s ruin in stock-market speculation, and the first financial collapse triggered by the Hundred Years’ War—this book breaks down step by step 500 years of economic upheavals. You’ll understand why crises repeat again and again, who manages to profit from them, and what may await us in the era of the “four Ds.”
It seems that the 2008 crisis was the most destructive—but there were also tulips for which people paid the price of a home. And the story of how Newton lost his fortune in the stock market. And the first economic crisis in the world set in motion by the Hundred Years’ War. This book examines in detail 500 years of financial disasters: why they are inevitable, who makes money from them, and what awaits us during the period of the “four Ds.” Once you’ve read it, you’ll stop taking stability for granted.