The Bank of England allows Britain to become an empire by guaranteeing national debt through Parliament and financing repeated wars against Napoleon.
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Napoleonic Wars
The Bank of England allows Britain to become an empire by guaranteeing national debt through Parliament and financing repeated wars against Napoleon.
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"persecute Catholics um this will lead to many many battles crises between the Catholics and Protestants um James the second is a Catholic king..."
"Parliament that's borrowing the money the people always have to pay you back okay unless England is destroyed as a nation your uh loan..."
"...profits for the bankers okay so this includes of course the Napoleonic Wars seven of them it includes something called the Great Game a..."
"...to defeat because of the French Revolution, as well as the Napoleonic Wars. Then they had to face the Russians. And the Russians were..."
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