Haiti’s Freedom Debt: How a Nation Was Bankrupted Before It Was Even Born?
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YouTubeDark Finance Historian
Haiti’s Freedom Debt: How a Nation Was Bankrupted Before It Was Even Born?
Haiti did not collapse because of earthquakes, corruption, or bad governance. It collapsed because of a bill. In 1825, France forced Haiti to pay 150 million francs as “compensation” for freeing itself from slavery. The demand was backed by warships and the threat of re-enslavement. Haiti had no choice. To pay, Haiti borrowed from French ...
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