This credit crunch is classic!

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Here's the parallel of the week: the Romans experienced a nasty credit crisis in the late days of their republic, as well:
Cicero was arguing that Pompey the Great should be given military command against Mithridates VI, king of Pontus on the Black sea coast of what is now Turkey. He reminded his audience of events in 88BC, when the same Mithridates invaded the Roman province of Asia, on the western coast of Turkey. Cicero claimed the invasion caused the loss of so much Roman money that credit was destroyed in Rome itself.

As the article, helpfully notes, Sulla's dictatorship came shortly after although the historian quoted in the article claims that the two events were unrelated. I suppose it will be for us to prove the relationship...

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