Debt Collection – Economics in Game of Thrones

The Iron Bank and Ethics of Charging Interest

by Nicholas ScarmozzinoDebt Collections, Loans, Macroeconomics January 27, 2023December 31, 2024Comments are Disabled

Season 5 Episode 9: Mace Tyrell and a representative from the Iron Bank are discussing the ethics of charging interest for loans. It is noted that high interest payments are seen by some as distasteful and there are threats of legal actions for higher interest payments. Throughout history, in fact, there are times where certain …

Iron Bank Demands: Cersei’s Struggle with Debt

by Nicholas ScarmozzinoDebt Collections, Macroeconomics January 9, 2023December 18, 2024Comments are Disabled

Season 5, Episode 4: The Iron Bank of Braavos recalls 1/10 of the crown’s debts, but the kingdom can only afford to pay back half of that amount. Initially, Mace Tyrell offers to front the money, expecting the crown to pay it back later, but Cersei says no and seeks to renegotiate the terms of …