Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II Nature_Gift_Guide the prolific author—a favorite of

the prolific author—a favorite of Bill Gates—pens an insightful and fact-filled jaunt through the history of human invention

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Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II Nature_Gift_Guide the prolific author—a favorite ofWhat the loans and defaults of a sixteenth century Spanish king can tell us about sovereign debt today Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell looks at one famous casethe debts and defaults of Philip II