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Mansa Musa's Debt: The Economic Collapse He Left Behind
Mansa Musa's 1324 Hajj is famous for its extravagant spending, but what happened when he went home? This episode examines the economic aftermath of his pilgrimage—not just in Cairo, but across the Mali Empire itself. We explore Musa's efforts to stabilize Mali's gold-based economy after flooding Mediterranean markets with bullion, how he managed inflation and debt among his own merchants, and the little-known 'gold loan' crisis that nearly bankrupted the empire. Featuring insights from Al-Umari's accounts, medieval Arab historians, and recent economic history…
The skinny
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