Timothy Sumer

Wherever there are banks, there are bank failures and banking crises. Was there a fourth century banking crisis? Why did banks fail in Classical Athens? How did they fail? Did Classical Athens have a resolution authority or deposit guarantee scheme? 0:00 – Intro 0:33 Demosthenes 33 – Pasion’s bank’s survival amidst failures 2:50 a 4th century systemic banking crisis? 5:48 Demosthenes 36 – bank insolvency in action 14:45 Deposit guarantee schemes? 18:05 Wrap up – small enough to fail? Primary Sources: - Demosthenes 33, 36. Secondary Souces MacDowell, Demosthenes Speeches 27-38 Cohen, Athenian Economy and Society: a Banking Perspective Boegart, - Die Krise der Banken in Athen im 4. Jahrhundert v.u. Z. (in Hellenische Poleis, ed Welskopf) Note: captions not yet edited #toobigtofail #banking #bankcrisis #bankfailure #ancientgreece #ancientgreek #classics #ancientgreece #toobigtofail #classics #banking #bankfailure #bankcrisis... ( read more ) LEARN MORE ABOUT: B...

Can a Gold IRA Save Us From Economic Disaster? Recent volatility has heavily impacted retirement plans. Experts say volatility will increase. Volatility’s impact could be reduced by a gold IRA strategy Subscribe to our channel, and request our guide to learn more: Free Gold IRA Guide: #inflation #CPI #economy... ( read more ) LEARN MORE ABOUT: Precious Metals IRAs HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing REVEALED: Best Investment During Inflation The economy is always a matter of concern for everyone. The stock market is unpredictable and can fluctuate any time, which scares investors. Most people tend to invest in traditional assets such as stocks, bonds, and mutual funds. However, as the global economy continues to grow and evolve, the concept of investing in gold has gained popularity. A gold IRA is an Individual retirement account that allows investors to hold physical gold bars, coins, or bulli...