Cicero on the Asian financial crisis

Michael Pollak mpollak at
Fri Feb 19 22:18:01 PST 1999


Businessmen who had invested in Asia . . . were facing ruin. Cicero had to explain to this crowd of the urban poor why the reverses of middle class speculators should matter to them. He said that Rome's whole system of credit and finance was directly bound up with money invested in Asia. "If that is lost, then our Roman finances too are inevitably involved in the same process of upheaval and collapse."


A.J. Languth, _A Noise of War_, describing a speech made in 68 B.C.E.

More information about the lbo-talk mailing list