Seems like an extremely poorly written article with an agenda. Specifically the Roman Republic ~100BC had massive issues which were not necessarily directly r

Seems like an extremely poorly written article with an agenda. Specifically the Roman Republic ~100BC had massive issues which were not necessarily directly related to some "Sovereign Debt Crisis" at the time. Which conveniently the article hasn't described at all jumping to the civil war which it allegedly caused (even though it was the other way around). The Social War was mainly fought over land redistribution, civil rights, equality before the law and the right to vote... And in any case the debt crisis they are referring wasn't about "sovereign" debt (not really a thing back then) as much as about personal debt and it was a direct outcome of both the devastation during the civil war in Italy and the semi-genocidal Mithridatic war in Asia Minor which began with the rebels executing every single Italian they could fine (which was a bit of a disaster for Italian commerce..). Modern would just print massive amounts of money during such situations (e.g. Covid) Romans obviously couldn't, so they ended up abolishing 75% of all debt held by anyone which would've achieved the same result, stimulating the economy.