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Economy

France helped win America’s independence—and went broke

HERE’S THE INTERESTING PART

Revenge is a dish best served with utter financial ruin. Seeking payback for the Seven Years' War, King Louis XVI heavily funded the American colonies' fight for independence. The astronomical cost of supplying the rebels totally bankrupted the French treasury, triggering the horrific economic crisis that directly led to the French Revolution and the loss of his own head.

France helped win America’s independence—and went broke
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