Blog/Ancient Economies

Our Nemesis – The Sovereign Debt Crisis

Nemesis & Justice in Pursuit QUESTION: Mr. Armstrong, I wanted to thank you for the conference in Berlin. It was my first time attending. I cannot wait for the [...]

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The Real Reason Inflation Unfolds

QUESTION: Dear Mr Armstrong, Thank you EVER SO MUCH for everything that you do even for ordinary folks like me who are not traders but just want to have a good [...]

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“For Auld Lang Syne”

January is named after the Roman god Janus who we still celebrate on New Year’s Eve. Janus is pictured with two faces whereby one looks at the past and the [...]

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They Fled After the Fall of Rome

After the fall of Rome, monks fled to a small island off the coast of Ireland known as Skellig Michael (also known as Sceilig Mhichíl).What you may not be aware of [...]

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Rome's Financial Crisis 218-202 BC?

QUESTION: Mr. Armstrong, I read that the first monetary crisis in Rome took place 218-202 BC claiming the currency collapsed. I never saw you make such a claim so I [...]

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"Cry 'Havoc !' and Let Slip the Dogs of War"

COMMENT: Mr Armstrong; I am a reformed goldbug who was naive to put it mildly but my wife called it stupidity. You have been correct and they have been wrong but [...]

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Why Are Roman Hoards Found Around 274-300 AD?

QUESTION: Hi Marty, I saw another article about a trove of 4,000 Roman coins found in Switzerland. I read that the earliest date was 274 AD, during the reign of [...]

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Ancient International Tourism

QUESTION: Is it true that tourism existed in ancient times? I was in Italy and the guide said this was an ancient tradition. ANSWER: Augustus (27 BC-14 AD) wiped [...]

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First Sovereign Debt Default in the 4th Century BC

QUESTION: Mr. Armstrong; I read this time its different by Rogoff. While it is interesting about sovereign defaults, he clearly does not go back into ancient times [...]

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