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Venice’s failed war against Constantinople led to the first bond market

172 points · 59 comments · RickJWagner

  1. interdrift · · focus · HN ↗
    the story of the constantinople riots is really interesting. A foolish treaty established this unequal relationship between constantinople and venice that would later indirectly lead to the destruction of the empire through the fourth crusade and the weakening of the trade rights of its own citizens. The emperor who made that treaty was equally desperate and stupid.
    1. mr_toad · · focus · HN ↗
      The Venetians also essentially opened the door to the Ottomans, and the Ottomans then proceeded to dismantle the Venetian empire.
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