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Haitian Revolution and the massive debt later imposed on Haiti by France after Haiti won independenc
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1,408 Aufrufe62Likes2:09storiestheshadowroomTVOriginalveröffentlichung: 2026-05-28

After Haiti won independence in 1804 as the first Black republic, France imposed a punitive debt of 150 million francs (later reduced to 90 million) in 1825, forcing Haiti to borrow from French banks at crushing interest rates; this debt, paid over 122 years until 1947, crippled Haiti's economy and transformed it from the world's richest colony into the poorest nation in the Western Hemisphere, demonstrating how colonial powers used financial punishment to maintain control over newly independent nations.

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