THE TITAN OF BRAAVOS SERIES

It is illiquid because the Iron Throne is not capable of paying the funds back in the near future. It is undiversified because Tywin has placed all eggs in one basket. Such an investment would be considered unwise by financial analysts. In the terminology of modern banking, this is a single, undiversified and illiquid, portfolio.

Second, as discussed, the Lannisters have a significant portion of their family wealth invested in loans to the Iron Throne.

It has been speculated that Littlefinger was debasing the currency by вЂњcoin clipping.вЂќ The mere threat that this might be true could cause even more chaos to the Seven Kingdoms and harm the Iron Throne. This would also keep the Master of Coin, e.g.

As such Eddard вЂњNedвЂќ Stark would not have been surprised by the financial situation at the time of his appointment to be Hand of the King ( Season 1 Episode 3). First, by creating a market for buying and selling debt in the Iron Throne it would allow for more transparent accounting.And third, the beginning of a propaganda campaign against money in politics.ДЄ bond market would serve a threefold purpose. Second, the proposal to institute stricter financial regulation within Westeros. First, the creation of a bond market for governmental debt. Given the financial situation of the Lannister family and the Iron Throne, we propose a three part strategy that helps King Tommen and the entire Lannister family. On top of that, she received forgiveness of the debt the Iron Throne has with the Faith of the Seven, and in exchange she grants the Faith the right to create its own military once more - the Faith Militant. Recognizing that repaying the loans due to the Iron Bank is not tenable and thus a threat to the safety of Cersei Lannister and her house, she dispatched Mace Tyrell to renegotiate ( Season 5 Episode 4). As the Lannisters are not able to pay off the loans called in by the the Iron Bank of Braavos ( Season 5 Episode 4), we can rightfully assume that the loans the Lannisters have made to the Iron Throne constitute a large fraction of their wealth - an estimated $1.8 Billion in 2013. Tywin Lannister said as much ( Season 4 Episode 5): вЂњOur last working mine dried up three years ago.вЂќ On top of this the Lannisters have lent large sums of gold to the Iron Throne (cf. Season 1 Episode 5), as with any resource - even in Westeros - there is a finite supply. Season 3 Episode 1) and as an extension her familyвЂ™s position - her children are officially recognized as Baratheons and not Lannisters.ДЄdditionally, though the Lannister family has seemingly inexhaustible gold reserves (cf. Cersei Lannister already recognizes the risk involved with this to her position (cf. The Tyrells curry favor with the populace by providing protection and, more importantly, food (cf. The people of the Seven Kingdoms, desiring safety, have been streaming into KingвЂ™s Landing - as starving refugees (cf. The War of the Five Kings has ravaged much of Westeros. begin a propaganda campaign to get money out of politics.institute financial regulation of вЂњtoo big to failвЂќ banks operating in the Seven Kingdoms, e.g., the Iron Bank of Braavos and.create a bond market for the debt of the Iron Throne - to the best of our knowledge the first in Westeros or Essos.This policy proposal is for Cersei Lannister to strengthen the Seven Kingdoms, but also strengthen the position of the Lannister family. And the economics of these investments tell much of the story of what has occurred in KingвЂ™s Landing.

THE TITAN OF BRAAVOS SERIES

Photo from Game of Thrones.Д«ehind the stories of dragons, white walkers, and warfare, there is a story of risky investments in HBOвЂ™s hit series Game of Thrones. The Titan of Braavos - the center of the Iron Bank.

The titan of braavos