House prices collapsed when interest rates were raised, which resulted in many banks holding loans in which the value of the collateral was smaller than the loan. Many loans were not paid back, and multiple banks were bailed out (Morrison, 1974, Bank of England, 1978). According to the ...
After 300 years of Systematic Persecution of the Christians failed to get the same genocidal result as in Carthage, they decided to take a new approach. If they could not stamp them out - why not just take control of the church and re-make it in the spirit of Rome? Following Constantine...