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Would Alexander The Great and Gengis Khan pay cash or finance their cavalry?
Posted on 11/27/17 at 3:24 pm
Posted on 11/27/17 at 3:24 pm
That's what I'd like to know. Wonder what the interest rate spread was at that time for borrowing vs. investing.
14
Posted on 11/27/17 at 3:24 pm to rickgrimes
They would save fuel by going 100 MPH.
Posted on 11/27/17 at 3:25 pm to rickgrimes
quote:
That's what I'd like to know. Wonder what the interest rate spread was at that time for borrowing vs. investing.
Um.. brother, they pillaged and took horses after they would raid settlements
They paid in Iron and Blood
This post was edited on 11/27/17 at 3:26 pm
Posted on 11/27/17 at 3:34 pm to rickgrimes
Apple Pay...definitely Apple Pay.
Posted on 11/27/17 at 3:37 pm to rickgrimes
quote:
Alexander The Great and Gengis Khan
I've seen better conquerors battling through the quad on a Tuesday.
Posted on 11/27/17 at 3:39 pm to rickgrimes
Pretty sure Genghis had enough children that he could just give his babies away as payment.
Posted on 11/27/17 at 3:41 pm to rickgrimes
they would finance, then find you and renegotiate once their army was intact
Posted on 11/27/17 at 3:41 pm to Codythetiger
quote:
Um.. brother, they pillaged and took horses after they would raid settlements
So if I understand you correctly, they wouldn't use their own assets, but other people's assets?
Posted on 11/27/17 at 3:43 pm to rickgrimes
Even the Lannisters need the backing of the Iron Bank.
Posted on 11/27/17 at 3:47 pm to BestBanker
quote:
So if I understand you correctly, they wouldn't use their own assets, but other people's assets?
yes, but their amortization schedule for use of those assets didn't impact their ebitda as much as one would think.
Posted on 11/27/17 at 3:52 pm to rickgrimes
I get it's a joke thread, but I don't think Genghis had anything but cavalry
Posted on 11/27/17 at 3:56 pm to rickgrimes
TD needs an option that would allow us to down vote threads without even opening them.
Posted on 11/27/17 at 4:40 pm to rickgrimes
Soilders paid via plunder.
Posted on 11/27/17 at 4:48 pm to Bluefin
quote:
Pretty sure Genghis had enough children that he could just give his babies away as payment.
I didn't realize he was AA...
Posted on 11/27/17 at 5:05 pm to rickgrimes
Finance.
Try collecting on that debt
Try collecting on that debt
Posted on 11/27/17 at 5:11 pm to Codythetiger
quote:
Um.. brother, they pillaged and took horses after they would raid settlements
They paid in Iron and Blood
Pay the Iron Price, never the Gold Price.
Posted on 11/27/17 at 5:37 pm to rickgrimes
It's more about getting a monthly payment they are happy with. The actual interest rate and price is irrelevant.
Posted on 11/27/17 at 5:56 pm to rickgrimes
Genghis’ warriors were literally wearing mouse skins at the start of the war, and fine silks and gold by the end of it. Save for horses, they really had nothing to trade with. It was iron and blood.
Posted on 11/27/17 at 6:34 pm to rickgrimes
Well, it's kinda complicated.
Conquerors of old paid their men through plunder, but they had to raise funds just to get started. Assembling and outfitting an army takes time, and if you're just getting set up there isn't much plunder to be had just yet.
Often what they did is rely on the tax base they did have, plus they sold lotteries. They spread alarming news about foreign hordes that needed to be defeated before they got too dangerous. And of course packaged it all as a grand adventure.
Pretty much like today.
Conquerors of old paid their men through plunder, but they had to raise funds just to get started. Assembling and outfitting an army takes time, and if you're just getting set up there isn't much plunder to be had just yet.
Often what they did is rely on the tax base they did have, plus they sold lotteries. They spread alarming news about foreign hordes that needed to be defeated before they got too dangerous. And of course packaged it all as a grand adventure.
Pretty much like today.
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