4 ms·
Thats not entirely true. England has had a number of economic scandals before the US recieved their independence. There is also certainly a president of "too bi
by formula1 10y ago
Thats not entirely true. England has had a number of economic scandals before the US recieved their independence. There is also certainly a president of "too big to fail" to the point that the king was invested [0].
[0] https://en.m.wikipedia.org/wiki/South_Sea_Company https://en.m.wikipedia.org/wiki/South_Sea_Company
- afarrell 10y agoFor an entertaining summary of this, I recommend the youtube series Extra History: https://www.youtube.com/watch?v=k1kndKWJKB8 https://www.youtube.com/watch?v=k1kndKWJKB8
- jessaustin 10y agoHaha I thought we were talking about Fannie Mae, not USA itself. Although, the latter might be a better comparison to the South Sea Company...