We may have to return to an early Rothschild era banking model. Post-Morgan banking has too strong a Westphalian-state platform dependency.
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. Rothschilds had sovereign states by the balls. Post-Morgan (esp post 1913) situation was reversed.
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The Rothschilds? Those neophytes! It's all about the Fuggars (in a late medieval time frame)
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Seems to be pendulum between state and corp-banker power. Another swing was between English civil war and east India bubble
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Right. And yet there are wrinkles. Development of the (short term) corporation in that era, compared to the indefinite corporation now
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