Financing Sovereignty
Financing Sovereignty rewrites the story of one of the great financial frauds of the nineteenth century: Gregor MacGregor, a Scottish mercenary and self-proclaimed cacique of Poyais, borrowed massive sums on the City of London''s burgeoning South American sovereign debt market by selling bonds of the State of Poyais. The only problem—Poyais did not exist. At least, that is what MacGregor was quick...
Financing Sovereignty rewrites the story of one of the great financial frauds of the nineteenth century: Gregor MacGregor, a Scottish mercenary and self-proclaimed cacique of Poyais, borrowed massive sums on the City of London''s burgeoning South American sovereign debt market by selling bonds of the State of Poyais. The only problem—Poyais did not exist. At least, that is what MacGregor was quick...
