Chapter 5. Lending to the Borrower from Hell

Chapters in this book

1. Frontmatter i
2. Contents vii
3. Acknowledgments ix
4. Prologue 1
5. Chapter 1. Lending to the Sound of Cannon 9
6. Chapter 2. Philip’S Empire 45
7. Chapter 3. Taxes, Debts, and Institutions 74
8. Chapter 4. The Sustainable Debts of Philip Ii 105
9. Chapter 5. Lending to the Borrower from Hell 132
10. Chapter 6. Serial Defaults, Serial Profits 173
11. Chapter 7. Risk Sharing With the Monarch 211
12. Chapter 8. Tax, Empire, and the Logic of Spanish Decline 243
13. Epilogue. Financial Folly and Spain’S Black Legend 271
14. References 281
15. Index 297
16. Backmatter 311