Although you’ve gained my admiration for pointing to the lessons history proves, I’m inclined to disagree mainly because the changes you mentioned were in effec

Although you’ve gained my admiration for pointing to the lessons history proves, I’m inclined to disagree mainly because the changes you mentioned were in effect during all of American history, but the debt was not. Less convincingly I also feel the potential stability of monarchy is negated by the evils of having centralized power. I am an American after all.