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May 1, 2025
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jan 1, 1789 - FRANCE GOES BROKE

Description:

From all the money poured into the American Revolution to the penny-pinching clergy, France was slowly but surely heading for bankruptcy. By 1789 France was broke. The nobility refused to pay more taxes, and the peasants simply couldn't.

https://www.historytoday.com/peter-burley/france-1789-bankrupt-regime

Added to timeline:

Date:

jan 1, 1789
Now
~ 236 years ago