Why Is Finance Ageless? Priceless Lessons of Our Ancestors
- “Ageless Finance” means basic financial knowledge is the same in all centuries, but most people don’t know it.
- There were always many financial crises, frauds, excessive debt, or inflation.
- Many people fell victim to them for lack of knowledge.
- Don’t miss learning what humanity should have known since ancient times!
Scandal in the Roman Empire or How Can Be Finance Ageless?
Ageless doesn’t mean old or obsolete. But let’s begin with basic financial knowledge from the Classical Ages.
The Crisis of the Third Century, also known as Military Anarchy or the Imperial Crisis, was when the Roman Empire nearly collapsed under the combined pressures of invasion, civil war, plague, and economic depression-wrote Wikipedia.
Economic depression, crisis, almost 1800 years ago? Yes, and throughout the whole history, it happened over and over again. Another excellent example: do you know which one was the “Great Depression” originally? No, not the one in 1929–1933. The other, forgotten long ago, in 1873–1879 in the USA, longer in other countries in Europe. (Renamed “Long Depression” later.) Some people can’t even remember very well the crisis in 2007–2009. The memory of many of us works accurately only for a few years.
Evergreen Financial Laws for You
Nothing changes, then? Are we struggling with the same financial problems over and over again?
Full story at https://www.agelessfinance.com
(Photos if not indicated otherwise: Pixabay.com)
Disclaimer
I’m not a certified financial advisor nor a certified financial analyst, accountant, nor lawyer. The contents on my site and in my posts are for informational and entertainment purposes and reflecting my collection of data, ideas, opinions. Please, do your proper research, or consult your advisors before making any investment or financial or legal decisions.
Originally published at https://www.agelessfinance.com on April 5, 2021.
