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Subjects:
Anthropology, Business Studies, Economics, Finance, History, International Relations, International Trade |
Grade Level: SrH-Adult
Producer: BBC
Closed Captioned: No |
Running Time: 50 mins
Country of Origin: Great Britain
Study Guide: No |
Copyright Date: 2008
Available in French: No
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How did finance become the realm of the masters of the universe? Through the rise of the bond market in Renaissance Italy. With the advent of bonds, war finance was transformed and spread to north-west Europe and across the Atlantic. It was the bond market that made the Rothschilds the richest and most powerful family of the 19th Century. And today, governments are asking it to bail them out. |