Markets in Chaos

Introduction

This book is a collection of 11 detailed case studies that document and discuss various market crises across countries in history. Spanning thousands of years dating back to the year 33 AD in Rome, this book covers classic financial crises directly tied to the banking systems in Iceland, Indonesia, Chile, the United States, and Rome, Italy. There are case studies that review asset bubbles in France and Japan. The book reviews case studies related to specific macroeconomic event triggers ranging from COVID-19 to hyperinflation with the United States (COVID-19 and the 1970s’ energy crisis), Zimbabwe (hyperinflation), and Germany (hyperinflation). There are core underlying themes woven into the case studies such as flaws with the fractional-reserve ...