The Time Bomb of Debt

From 17 83 to 17 87, the finances were in the hands of Charles de cologne. His dominant idea was that of a courtier, always to honor any demand made by the king or queen. The real cause for the continually deteriorating budget was not royal expenditure at all. During the american revolutionary war, france had to borrow a large amount of money because it was attempting to sustain both a continental army and a transcontinental navy simultaneously. After the conflict, members of the french cabinet argued that to exploit the gains from their labor, which weren't as forthcoming as first thought, a large military was required. This was particularly case if opportunities re establish a firm french presence on the sub

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