How Britain Bankrupted Itself to Lose America – The First Empire Bill
Автор: History Master
Загружено: 2025-12-31
Просмотров: 44
The Day Britain Sold America - How Debt Made the Empire Let Go
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The American Revolution wasn't won by George Washington's army. It was won by a debt crisis that destroyed the British Empire from within. In 1754, Britain spent 140 million pounds fighting the Seven Years War to protect the American colonies from France. By 1763, they had won the war but bankrupted the Treasury. When Britain tried to make the colonists pay through taxes like the Stamp Act and Tea Act, they triggered a rebellion that would cost far more than any tax could ever raise. By 1783, Britain's national debt had exploded to 240 million pounds, and they were forced to sell America not because they were militarily defeated, but because they simply couldn't afford to keep fighting. This is the untold story of how debt, not democracy, created the United States.
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