The Ottoman Empire "Debt Trap": How Britain Bought The Middle East
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YouTubeCinematic History Tales
The Ottoman Empire "Debt Trap": How Britain Bought The Middle East
The Dolmabahçe Disaster À: In 1854, the Ottoman Empire took out its first foreign loan. By 1881, it was no longer a sovereign state. This is the story of the first "Debt Trap" in history. We explore how the British and French banking systems used compound interest to conquer the Middle East without firing a shot. Discover how Sultan ...
179.4K views1 month ago
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