How Debt Bankrupted the British Empire, and Why America Is Walking the Same Path
thisislife2 Saturday, January 24, 2026
Summary
The article examines how excessive debt and financial mismanagement contributed to the decline of the British Empire in the 20th century. It explores the role of World War I, the Great Depression, and other economic factors that led to the empire's downfall, highlighting the importance of financial stability for maintaining global power.
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nitishastra.substack.com