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American would not have won independence from Great Britain without generous military and financial support from France and its monarch, Louis XVI.
But France spent itself into bankruptcy supporting the American colonists. France’s financial ruin was a major cause of the ensuing French Revolution that cost the unfortunate Louis his head.
- Mike Rivero
- Ethan Allen and...
Member Submitted News
Larry Summers: EU "less sound experiment" w BREXIT, Worst Shock Since WW2 & Central Banks Are Out of Ammo; Minelife's Gavin Wendt: #Gold's New Upside Target $1500 Post Brexit with TaperCaper & Strong Fundamentals Supportalexmark
When Government Debt Becomes Overwhelming, The Lives Are Citizens Are Directly Affected In Many Critical Ways.alexmark
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