Скачать или смотреть Venice, 1171: why the 1st bond market matters to you

The world's first capital market appeared in the city-state of Venice, in 1171. It the first government bonds ever issued. In present day, most individual investors are exposed to fixed income (bonds), and thus to risks similar to the ones first experienced in the then city-state of Venice, more than 900 years ago. Venice, as seen here, also holds an infamous milestone: the first recorded sovereign bond default ever. Can you avoid a similar fate in your portfolio today?

0:00 Intro
0:30 Context: Renaissance in Venice
1:29 Financing trade in Venice in the 1100s
2:36 Financing the Venetian government... the first bond market is born!
6:42 Our verified sources
7:43 Takeaways for today's individual investors