Who Financed the Great War? - World War I DOCUMENTARY

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Kings and Generals animated historical documentary series on Modern Warfare continues with another video on the Great War, as we try to deduce who financed the Great War and how the US dollar decided the outcome of World War I
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Пікірлер: 676

  • @KingsandGenerals
    @KingsandGenerals2 жыл бұрын

    Play Iron Order for FREE on PC, iOS or Android: 💥 play.ironorder1919.com/ULF0/KingsAndGenerals and Receive an Amazing New Player Pack, only available for the next 30 days!

  • @kevintewey1157

    @kevintewey1157

    2 жыл бұрын

    This is the story of capitalism which always fails and it eats its own babies

  • @jesenjin8467

    @jesenjin8467

    2 жыл бұрын

    Infobox at 10:20 to 10:40 is confusingly written in last two sentences - just a heads up. Probably a mistake during editing.

  • @Jbgro

    @Jbgro

    2 жыл бұрын

    Check out the book the creature of Jekyll Island on the subject.

  • @rubikazi8157

    @rubikazi8157

    Жыл бұрын

    Edmond James de Rothschild and 12 more were the one who financed the great war. To reset this world order.

  • @virlvideo2269

    @virlvideo2269

    Жыл бұрын

    Great book on this but not directly, Rashid Khalibi Reserrecting empire

  • @jlvfr
    @jlvfr2 жыл бұрын

    The fact the UK only finished paying it's war loans in 2015 speaks volumes about how much money went into WWI. It also _seriously_ underlays the vital importance of the terms of WWII's Lend Lease.

  • @jtgd

    @jtgd

    2 жыл бұрын

    Well, they also had debts for WW2 as well

  • @jlvfr

    @jlvfr

    2 жыл бұрын

    @@oscardouglas6850 I'm a patreon :)

  • @jlvfr

    @jlvfr

    2 жыл бұрын

    @@jtgd yes, but those were payed by 2006. So, it took 97 years to pay WWI, and 61 to pay WWII.

  • @mikedrop4421

    @mikedrop4421

    2 жыл бұрын

    Ukraine will be paying off loans until the heat death of the universe

  • @nathanmc6848

    @nathanmc6848

    2 жыл бұрын

    @@jlvfr epic history TV is better, you should support them

  • @jengoh3826
    @jengoh38262 жыл бұрын

    This is why Sun Tzu began his Art of War with an inventory of the misc cost of waging a war. He did this to drill it into the head of the generals that war is costly, and, therefore, the best generals are not those who win in battles. Rather, the best generals are those who win without fighting.

  • @nicodangond5822

    @nicodangond5822

    2 жыл бұрын

    Name one

  • @d.m.collins1501

    @d.m.collins1501

    2 жыл бұрын

    @@nicodangond5822 though full to the brim with evil and colonialism, you have to tip your hat to the CIA's many successful attempts at replacing independent foreign democracies with U.S. business-friendly, anti-commie right-wing dictators--especially their coups in the 1950s in Guatemala and Iran. In the case of Guatemala, the CIA was able to start up a coup with only four CIA operatives, and then helped a mere few hundred right-wing Guatemalan rebels to oust their government with almost purely psychological techniques such as: implying heavier U.S. involvement than would really take place; doing bombing runs with ineffective Molotov-cocktail inspired munitions that nonetheless made it SOUND like cities were being obliterated from nearby towns; having radio stations broadcast fake rebel victories to make the invasion sound like it was practically a done deal, etc. Bear in mind that this was entirely a U.S. plan with U.S. objectives. This was not a popular uprising at all, or even one hatched by the Guatemalan military to take power. And yet the U.S. won without having to involve their own military in any battles at all! (The one semi-exception is that they did provide a few NAPALM bombing runs later with U.S. planes that, I assume, were piloted by CIA agents or other military personnel. But we're talking bombings by at most a few dozen people. No battles.) In the case of Iran, the CIA (in conjunction with British intelligence) basically just used money to win. After a few years of already being embargoed by the U.K., Prime Minister Mossadeq received a letter from Eisenhower saying "you suck and we will never give you aid since you blew it with the U.K." Though not much really changed here, the letter was intentionally leaked to the U.S. press and made Iran's parliament and populace lose confidence in Mossadeq. ... and then the CIA basically just spent $7 million in bribes to police and military figures. Mossadeq was immediately ousted, soon to be replaced by an authoritarian monarchy in the form of "King of Kings" Mohammed Reza Shah, who let the U.S. basically un-nationalize the Iranian oil industry, which at that time was basically THE source for European oil consumption. In return for $7 million and a LETTER, the U.K. and U.S. each wound up getting 40% of Iran's oil shares for the next two and a half decades. And basically not a shot was fired. I think Sun Tzu would be pleased--or at least the version of him I have put together in my head after never reading the Art of War and just ASSUMING the few quotes I've been fed are legitimate translations.

  • @ameyas7726

    @ameyas7726

    2 жыл бұрын

    @@nicodangond5822 Taliban...won Afghanistan in 2021 without a single bullet fired by the billion dollars US-Afghan army surrendering/fleeing..

  • @generalkenobi9782

    @generalkenobi9782

    2 жыл бұрын

    Nico Dangond The Mongols. You’d be surprised how many battles they won without fighting. Early submission to the Great Khan spared towns and cities that did so. The most notable being Novgorod while the rest of the Kievan Rus burned.

  • @walsh9080

    @walsh9080

    2 жыл бұрын

    @@nicodangond5822 Have you not heard of the concept of a proxy war? People have fought wars without doing any actual fighting themselves for some time.

  • @aarondemiri486
    @aarondemiri4862 жыл бұрын

    The finances and logistics of war really are fascinating and whilst not as exciting as battles, campaigns and wars are crucial to understanding conflicts.

  • @iamaloafofbread8926

    @iamaloafofbread8926

    2 жыл бұрын

    Millitary troops can win battles, but logistics can win wars

  • @aarondemiri486

    @aarondemiri486

    2 жыл бұрын

    @@iamaloafofbread8926 very true.

  • @alfrancisbuada2591

    @alfrancisbuada2591

    2 жыл бұрын

    Well it is true. You can't win a war, if you don't finance it.

  • @LeSethX

    @LeSethX

    2 жыл бұрын

    Logistics is key, and I think part of why Rome was able to win wars while losing battles and men.

  • @MH-jg6vk

    @MH-jg6vk

    2 жыл бұрын

    Albanian?

  • @Ad_Valorem
    @Ad_Valorem2 жыл бұрын

    "The sinews of war are infinite money" - Marcus Tullius Cicero The Romans understood that finances were crucial to their military success.

  • @momon969

    @momon969

    2 жыл бұрын

    And that military success was crucial to their finances.

  • @ag7898

    @ag7898

    2 жыл бұрын

    It's why War is the second oldest profession.

  • @pierrejean1380

    @pierrejean1380

    2 жыл бұрын

    It may be true after Military reforms. Before those reforms I don't think it was an obvious mentality for the romans.

  • @Fernando-yl9xr

    @Fernando-yl9xr

    Жыл бұрын

    and Eisenhower saw a little further "In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists, and will persist." . Does anybody knows if the U.S.S.R recognised the debt of the Russian empire ?

  • @bill3d577

    @bill3d577

    Жыл бұрын

    @@ag7898 which is the first?

  • @reginaldshort8486
    @reginaldshort84862 жыл бұрын

    “War swallows gold like a pit in the earth.”-Tywin Lannister. Please do more videos on the financial costs of war; I know Alexander and Napoleon both recognize it as a crucial factor in their campaigns.

  • @Ilikeavocados123

    @Ilikeavocados123

    2 жыл бұрын

    Well ik Alexander had smtg like 6 months to get gold or else his invasion wouldn’t have the funds to continue

  • @RidleyScottOwnsFailedDictators

    @RidleyScottOwnsFailedDictators

    2 жыл бұрын

    Well, if you fight reckless, wasteful, incompetent, losing wars like Napoleon did several times, then yes the financial costs will be enormous. But not every war is a financial money pit that swallows gold. Some wars turn into gold mines, if you win the war. Unlike Napoleon who wasted massive military resources and an entire generation of French only to have foreign troops march down the streets of Paris.

  • @reginaldshort8486

    @reginaldshort8486

    2 жыл бұрын

    @@RidleyScottOwnsFailedDictators he went from a low ranking officer to the Emperor of most of Europe. If he doesn’t invade Russia and makes peace with Britain would he be called incompetent.

  • @reginaldshort8486

    @reginaldshort8486

    2 жыл бұрын

    @@Ilikeavocados123 money is the sinews of war.

  • @geordiejones5618

    @geordiejones5618

    2 жыл бұрын

    Its a shame that Napoleon completely ignored his earliest instincts. 1809-1814 were a total abandonment of the tactics he used to gain control of Europe.

  • @JamesWilliams-dj2bp
    @JamesWilliams-dj2bp Жыл бұрын

    The Rothchild syndicate. Now called Blackrock.

  • @hannahskipper2764
    @hannahskipper27642 жыл бұрын

    The military industrial complex strikes. Thank you for highlighting this topic as it shows how our modern problems are much the same as our historical ones.

  • @oneofspades

    @oneofspades

    Жыл бұрын

    It plays A PART but is not the reason or probably the major reason.

  • @stacey_1111rh

    @stacey_1111rh

    Жыл бұрын

    @@oneofspades Thank you

  • @theliato3809
    @theliato38092 жыл бұрын

    American neutrality was really more of a formality

  • @michaelpatterson7798
    @michaelpatterson77982 жыл бұрын

    "War is a racket." - Smedly Butler

  • @schroedingersdog7965
    @schroedingersdog79652 жыл бұрын

    "A rich man's war and a poor man's fight" comes to mind.

  • @ronmaximilian6953

    @ronmaximilian6953

    2 жыл бұрын

    You're under the incorrect assumption that the sons of rich men didn't die is officers or even volunteer as privates.

  • @ronmaximilian6953

    @ronmaximilian6953

    2 жыл бұрын

    @Sean Greenfield The Roosevelt family was one of the richest families in the country. Theodore Roosevelt's youngest son, Quentin was a pilot and died in World War I haven't been shot down in combat. Junius Spencer Morgan III served at sea in the US Navy in ships, which could have been torpedoed. His brother Henry dropped out of Harvard to serve in the US Navy. Both would also serve during World War II. Henry's son would join the Navy during World War II and would become a lifelong navy man r eventually becoming an admiral. In fact, Henry Sturgis Morgan Jr would marry into a naval family. His wife was Jean Alexandra McCain, the daughter of admiral John S McCain Jr and the sister of Senator John McCain. Do you also want me to look up the Rothschilds?

  • @ronmaximilian6953

    @ronmaximilian6953

    2 жыл бұрын

    James-Henri de Rothschild was a French fighter pilot in World War I. He would also be part of the free French Air Force in World War II.

  • @oneofspades

    @oneofspades

    Жыл бұрын

    Sons of rich and powerful men died too.

  • @SuperUniverse
    @SuperUniverse2 жыл бұрын

    You are a bastion of hope for none biased documentaries.

  • @Anglomachian
    @Anglomachian2 жыл бұрын

    I know it wasn’t meant this way, but when I heard “munitions exports exploded”, I laughed out loud.

  • @tomriley5790
    @tomriley57902 жыл бұрын

    Question - if Britain, France and Russia were struggling so hard to maintain the war, how could Germany and Austria manage it?

  • @theotherohlourdespadua1131

    @theotherohlourdespadua1131

    2 жыл бұрын

    Answer, they barely did...

  • @samwill7259

    @samwill7259

    2 жыл бұрын

    Barely. And with a LOT of social chaos, economic collapse and famine. They basically only kept holding on because Germany kept winning victories every time people were rumbling about throwing the government out. When the victories stopped...well, the Kaiser technically fled the country before the war even ended.

  • @poop696969poop

    @poop696969poop

    2 жыл бұрын

    They barely did so, where France had the mutinies, Germany had the turnip winter. It's more that Russia just broke first, allowing Germany and Austria-Hungary to shift forces west.

  • @theliato3809

    @theliato3809

    2 жыл бұрын

    It was a slog all the way through

  • @Englishman-_-Mongolia2022

    @Englishman-_-Mongolia2022

    2 жыл бұрын

    Same as UK. Ww1 was the greatest disaster in european history. Neither side won anything

  • @antonk.2748
    @antonk.27482 жыл бұрын

    There is a theory that moving away from the gold standard and effectively embracing infinite money printing is also one of the reasons why casualty numbers in WW1 were so high. Before that, governments were constrained in their ability to fight war by how much money they had to resupply and reinforce their troops. Once the war chest is empty and you cant pay your soldiers anymore that usually was the end. But since the governments decided to print and borrow as much money as they want their only constraint was manpower. And if you dont mind millions of people dying so you can achieve your ambitions or at least save face in front of the other big shots you can keep a war going for a long long time...

  • @juankovacs6033

    @juankovacs6033

    2 жыл бұрын

    @Energywelder also ignores the fact that every major player developed strategies and machines to "bypass" the trench deadlock (stormtroops tactics, tanks, planes, etc). Just another imaginative mind saying whatever.

  • @theotherohlourdespadua1131

    @theotherohlourdespadua1131

    2 жыл бұрын

    @Energywelder Also, the Thirty Years' War and subsequent civil wars disprove that theory. The lack of gold to pay troops did not stop the war but rather made it worse since it means that those unpaid troops are more inclined to plunder any settlement they pass by to pay themselves. It happened with 1632 Magdeburg and 1996 Freetown...

  • @LeCharles07

    @LeCharles07

    2 жыл бұрын

    That's not really true though because you can raid and pillage. It was the modern machinery of war and outdated ideas on the battlefield that caused the incredible casualties. Bear in mind that France had 1.3 million men under arms while on the gold standard and at the start of the war the casualties were *insane* (We're talking in the range of 1:4 to 1:2. The Russians lost 90,000 in a single day in their first battle.) Germany's intent was to knock France out of the war then destroy Russia, who they saw as their primary rival and threat), so France wasn't just "[saving] face in front of the other big shots you can keep a war going for a long long time"; they were fighting to maintain their, literal, independence.

  • @tobiasharstel7941

    @tobiasharstel7941

    2 жыл бұрын

    No machine guns, large scale howitzers and population boom in 19th century were the reason for these large scale wars

  • @antonk.2748

    @antonk.2748

    2 жыл бұрын

    ​@Energywelder Thats why I wrote "one of the reasons" and not "the reason". And the technological advances, at least the mid - late war ones like tanks, gas and so on were financed by taking credit and printing money as to finally break the deadlock so that point really supports the more funds = more casualties argument. Sure, wars were always thought on credit even in antiquity but never on this scale (I think he mentioned 500 mil as the largest loan in history up to that point in the video?) as well as simply printing paper money rather than borrowing gold bullion from a third party which as far as I know really wasnt a thing until the 20th century.

  • @AAR004
    @AAR0042 жыл бұрын

    I can even begin to describe how good this vid is, this is one of the big topics in my A level exams. Thanks Kings and Generals

  • @Fernando-yl9xr

    @Fernando-yl9xr

    Жыл бұрын

    Good luck on those!

  • @iattacku2773
    @iattacku27732 жыл бұрын

    Britain and France: “ we can’t pay you back if we’re dead” America: “ say no more” * America declared war on Germany

  • @nickdanger3802

    @nickdanger3802

    Жыл бұрын

    They did not pay it back anyway.

  • @tolgakocakova7764
    @tolgakocakova77642 жыл бұрын

    One of the best history content so far, good job!

  • @anzac4103
    @anzac41032 жыл бұрын

    It was a certain group of people that is overrepresented in the banking sector

  • @vellerephonte674

    @vellerephonte674

    2 жыл бұрын

    at least they re not involved in killings of innocent mangods.

  • @ThePacificWarChannel
    @ThePacificWarChannel2 жыл бұрын

    One of the largest adventures of research and writing for this one =) the world of war finance is a scary one!

  • @JP345etc
    @JP345etc Жыл бұрын

    Really great video. Enough level of detail for a first approximation and full of concrete facts. Please make more videos like this.

  • @jacksonmcdonald5443
    @jacksonmcdonald54432 жыл бұрын

    I'm sure it was mentioned in the video but Medley Butler's "War is a Racket" is a must read/watch speech/book.

  • @benperkins9237

    @benperkins9237

    Жыл бұрын

    Wasn't,t it Smedley Butler?

  • @jacksonmcdonald5443

    @jacksonmcdonald5443

    Жыл бұрын

    @@benperkins9237 yes you are correct !

  • @Kite403
    @Kite4032 жыл бұрын

    Wow, it's crazy to think the MIC was starting its plays all the way back in WWI days. Money & politics do not mix

  • @talatciftci1704
    @talatciftci17042 жыл бұрын

    These informations provide you a great perspective... Thanks K&G...

  • @lukang72
    @lukang722 жыл бұрын

    This is absolutely brilliant and original analysis. Bravo!

  • @-RONNIE
    @-RONNIE2 жыл бұрын

    Really interesting video thanks for sharing it with us

  • @terraflow__bryanburdo4547
    @terraflow__bryanburdo45472 жыл бұрын

    Great video. Maybe a follow up on how the debt repayments and reparations in conjunction with Versailles led to the problems in Germany In the 20s? Your work this year has hit new level of mastery.

  • @paulceglinski3087

    @paulceglinski3087

    2 жыл бұрын

    TIK has a great video on just the subject you asked about. Check it out. Warning: TIK's videos are well done but they are hardcore history on steroids. Some of his conclusions will anger, but he puts every reference he uses for that vid. Enjoy. [Nope, I am not a paid spokesperson, just enthusiastic.] Cheers

  • @terraflow__bryanburdo4547

    @terraflow__bryanburdo4547

    2 жыл бұрын

    @@paulceglinski3087 I have seen and agree with u much of the TIK take on this but K and G is so much more succinct and coherent as well as great visual content. Thanks for the reminder though.

  • @paulceglinski3087

    @paulceglinski3087

    2 жыл бұрын

    @@terraflow__bryanburdo4547 No problem. Myself, I've got to get in the right "mood"for TIK. Believe me it's like going to a 301 history class. I love it, but only if I have the option, the 301 class not so much unless I just wanted to waste money. LOL. The things we do for "fun". Sometimes a major league lecture can be fun.

  • @Oxtocoatl13
    @Oxtocoatl132 жыл бұрын

    I would love to see a follow up on how the different countries handled their domestic economies during the war. Things like armament factories and military shipyards had to be conjured from thin air and could only be achieved by a massive government stimulus. It's actually very risky to start manufacturing arms during wartime because the initial costs are massive and the war might be over by the time production gets rolling. So states had to bankroll massive expansions to the private sector while agreeing to buy the products for a number of years, war or no war. Household names in European industry like Renault, Skoda, BMW and many others made their big break during WWI.

  • @jameslawrie3807

    @jameslawrie3807

    Жыл бұрын

    You'd be surprised at the economic bastardry directed towards France to ensure it was reduced as a power. Because it ended the war with the largest and best equipped army all powers saw France as a threat and tried to ensure its repayments were crippling. This was to have important ramifications later . . .

  • @magusl9628

    @magusl9628

    Жыл бұрын

    @@jameslawrie3807 *Germany, you meant

  • @stephenlitten1789

    @stephenlitten1789

    Жыл бұрын

    Renault and Skoda were big before WWI. Skoda was the armaments firm for the Austro-Hungarian Empire. BMW got its big break under the Nazis - it almost went broke during WWI and was acquired by the German government.

  • @Uzair_Of_Babylon465
    @Uzair_Of_Babylon4652 жыл бұрын

    Fantastic video keep it up your doing amazing job

  • @natpat6394
    @natpat63942 жыл бұрын

    Could you do more videos on the economics of major wars? It’s super fascinating.

  • @ayli9
    @ayli92 жыл бұрын

    looking forward to more 'financial' videos like this about other wars!

  • @veeli1106

    @veeli1106

    2 жыл бұрын

    TIK History is already on the case with his BankWars series!

  • @MrGouldilocks
    @MrGouldilocks2 жыл бұрын

    Great video! I hope you have a similar video planned for Central Power finances.

  • @Duplessis696
    @Duplessis6962 жыл бұрын

    I really apreciate your videos. It give a bigger picture of history.

  • @nolanlewis538
    @nolanlewis5382 жыл бұрын

    Wouldn't be surprised if US was playing the same game with Ukraine right now in the current ukraine-russian war.

  • @TheBanjoShowOfficial

    @TheBanjoShowOfficial

    Жыл бұрын

    @@kelleychilton2524 bingo. It has never been about “saving” or “fighting for democracy”. It’s always propaganda to give the pretext for garnering support in getting ourselves involved in conflicts we have no business getting involved in.

  • @stacey_1111rh

    @stacey_1111rh

    Жыл бұрын

    @@TheBanjoShowOfficial Not bingo. Good thing we entered world war 2. Otherwise Nazi Germany and Japan would be our rulers. Saddam wouldn’t be a very good thing on the world scale either. Osama bin laden would still be executing terror attacks. Communism would have as well seeped all throughout the world. So a hefty no to your statement

  • @stacey_1111rh

    @stacey_1111rh

    Жыл бұрын

    Sort of yes but no

  • @PartyFlorida
    @PartyFlorida2 жыл бұрын

    Great video, thank you!

  • @Good4nothingbum
    @Good4nothingbum2 жыл бұрын

    Amazing as it always is ❤

  • @mascadadelpantion8018
    @mascadadelpantion80182 жыл бұрын

    What a time to be alive back then A horrible scary war written time

  • @krishnaabyan6575

    @krishnaabyan6575

    2 жыл бұрын

    Oversimplified

  • @iamaloafofbread8926

    @iamaloafofbread8926

    2 жыл бұрын

    @@krishnaabyan6575 I seen the details. :v

  • @aylbdrmadison1051

    @aylbdrmadison1051

    2 жыл бұрын

    Less scary than now. The weapons and potential for absolute destruction is comparatively incomprehensible for most. Indeed our greatest struggle right now is propaganda. The Russian government started it's first troll farm in 1998, and by around 2012 to 2014 were doing a great job of radicalizing the world's bigots, especially in the U.S. Like it or not, we're all on the front line of the greatest propaganda ever raged, and it's been going for over 20 years.

  • @redaug4212
    @redaug42122 жыл бұрын

    So basically the military industrial complex was kickstarted by the federal reserve. Well done WW.

  • @channel_void

    @channel_void

    2 жыл бұрын

    huh are you keen on blaming america on everything?

  • @redaug4212

    @redaug4212

    2 жыл бұрын

    @@channel_void Quite the opposite. Blaming the US federal government is the most patriotic thing an American can do.

  • @theliato3809

    @theliato3809

    2 жыл бұрын

    Gotta go back a lot earlier then that

  • @epa2349

    @epa2349

    2 жыл бұрын

    @@redaug4212 Not really, Just after WW1 American army stopped investing in it's armed forces. American military wasn't even top 5 in the world during 1930s. FDR massively decreased military spending to fund public programs to fight depression & to cut cost. Military industrial complex wouldn't start until Japan attacked. So to blame the military industrial complex on Fed is ridiculous.

  • @redaug4212

    @redaug4212

    2 жыл бұрын

    @@epa2349 The federal reserve was subsidizing banks to extend credit lines to foreign nations in exchange for war materials - and thereby boost their own investments through the production of said war materials. That's basically how the military industrial complex works, and it all starts with the government handing out infinite fiat currency to the banks. This kind of system wouldn't survive on the gold standard.

  • @HB-C_U_L8R
    @HB-C_U_L8R2 жыл бұрын

    What about how Japan played a major part as a manufacturing hub for the Entente? The Allied powers stopped buying Japanese goods after the war and the resulting recession became one of the reasons for Japan's militarization in the interwar period.

  • @jameslawrie3807

    @jameslawrie3807

    Жыл бұрын

    That and like China it had accepted Prussian Militarism as a state model and this along with your point caused a perfect storm.

  • @oneofspades

    @oneofspades

    Жыл бұрын

    Japan was heading in that direction regardless of WWI.

  • @stefang3709
    @stefang37092 жыл бұрын

    That last quote says it all.

  • @rafaelcarvalho3928
    @rafaelcarvalho39282 жыл бұрын

    Beautiful art!

  • @REDALERTBRAZIL
    @REDALERTBRAZIL2 жыл бұрын

    Again a great video!

  • @Manuel-gu9ls
    @Manuel-gu9ls2 жыл бұрын

    interesting video thanks K&G

  • @scruffythejanitorr
    @scruffythejanitorr2 жыл бұрын

    Most interesting topic, thanks

  • @beataven63
    @beataven632 жыл бұрын

    Excellent work.

  • @albdamned577
    @albdamned5772 жыл бұрын

    They should really be titled the birth of the military industrial complex.

  • @mat3714
    @mat37142 жыл бұрын

    We all love battles but this is history

  • @OptimusMaximusNero
    @OptimusMaximusNero2 жыл бұрын

    WWI supposed, not only the death of the three great Eagles that ruled Europe known as Germany, Austria-Hungary and Russia, but the awakening of the American eagle that would take over the world, too

  • @paulceglinski3087

    @paulceglinski3087

    2 жыл бұрын

    Not really maturity, but more like coming of age. The maturity came during WW2, in my opinion. We found out during WW1, the power of the dollar. To this day the American dollar is universal. Where it once was the pound sterling, now it's the dollar. Amazing that the dollar is more powerful than our arms. Lawyers, guns and money used to be the thing. Now, it's just send the money, oh yankee greenbacks are the best.

  • @PMMagro

    @PMMagro

    2 жыл бұрын

    USA was already the strongest economy before WW1. With the War raging Europe but not North America it was a very onsided race off healthy peacetiem economy making money on the war off the bleeding European major powers.

  • @paulceglinski3087

    @paulceglinski3087

    2 жыл бұрын

    @@PMMagro Ahhh, Ce'la Guerre. Money is money. As if Britain and France didn't sell arms to the Confederacy during our Civil War. Lassé faire and all that. Yes, the United States had a robust economy before the war, but, as the vid pointed out, the US was emerging from a ression. Money was tight and we didn't have a national banking system. If those hauty Europeans want to blow themselves to kingdom come, bring your checkbook cause we don't take credit. Plainly speaking, we are just better at it than the Brits. Lawyers, guns and money that is.

  • @dasenya1761

    @dasenya1761

    2 жыл бұрын

    @@paulceglinski3087 Why do foreigners call Us yankees ? Americans haven’t called each other that since the days of the Civil War. Or early 20th century

  • @paulceglinski3087

    @paulceglinski3087

    2 жыл бұрын

    @@dasenya1761 I'm sorry, but I'm from the Southern United States. Everybody and everything North of Tennessee is Yankeeland. Besides during the Revaluation we were all Yankees. Be assured I didn't call them what my Great-grandmother called them, she was the daughter of a Confederate soldier, she called them damyankees. All one word and yes I purposely misspelled it.

  • @paulceglinski3087
    @paulceglinski30872 жыл бұрын

    Another great video from Kings and Generals. We have always been a cash and carry kind of place. During WW1, we even sold resources to Germany up until we went to war against them. Until your country becomes a "friend and ally" bring your checkbook. Cheers.

  • @aegystierone8505

    @aegystierone8505

    2 жыл бұрын

    It looks like Germany (pre WW2 Germany) was being wronged here.....

  • @paulceglinski3087

    @paulceglinski3087

    2 жыл бұрын

    @@aegystierone8505 Sure enough. The US sold resources to the Kaiser, but they had a hard time getting around the British blockade. The cargo subs that were in New York harbor made the papers and was big news. Remember, like 40% of immigrants were of German extraction at that time. Pro-German sentiment ran quiet but deep.

  • @jerryx3253
    @jerryx32532 жыл бұрын

    Question: what is the source of the statement “France only introduced income taxes around 1914”? Since to my understanding, France was one of the earliest European countries that implemented a flat income tax on all citizens. (One of the reason that sparked the French Revolution in the beginning) There are as far as I know the 1872 and 1888 income taxes in France.

  • @yannickbaroue

    @yannickbaroue

    2 жыл бұрын

    Income taxes in France started in 1710 under Louis XIV because of War against Spain. It was Le Dixième (10% flat tax). Then the income tax as we know today was introduced in France in 1914

  • @darkhobo

    @darkhobo

    2 жыл бұрын

    Income tax is a fairly recent innovation as far as Taxes go. There were property taxes. (Technically "paid" by the land owners, the Nobility, but imposed on the peasantry) Inheritance taxes. Import/export duties and trade duties. As well as taxes on certain products and businesses. Like a tax on beer and wine. Later, Liquor and Coffee. Silk. Taxes on taverns, inns, and brothels. Those were classically the ways states collected taxes. But as the middle class grew, they were able to avoid most of these taxes.. So the state figured out the Income tax.

  • @cjclark2002

    @cjclark2002

    2 жыл бұрын

    Good eye, look deeper.

  • @chriswanger284

    @chriswanger284

    Жыл бұрын

    @@yannickbaroue IN German terriotires income tax existed from the medieval period.

  • @bebinca
    @bebinca2 жыл бұрын

    I didn't realise so many funds were required to get the war started and going. Thanks for the information

  • @fgdentz
    @fgdentz2 жыл бұрын

    Great Channel

  • @TrollDer
    @TrollDer2 жыл бұрын

    I didnt know that. Thanks for your videos!

  • @ASLUHLUHCE
    @ASLUHLUHCE Жыл бұрын

    History is so much more than just battles

  • @afalk1024
    @afalk10242 жыл бұрын

    It’s always the banks and what they want

  • @jadegrace1312

    @jadegrace1312

    Жыл бұрын

    It's business in general. Banking is a mechanism that allows for internal corporations, but the problem is fundamentally corporations.

  • @publius5278
    @publius52782 жыл бұрын

    From Farmington Hills Michigan I give you a "THANK YOU THANK YOU THANK YOU"

  • @BillyTheKidder
    @BillyTheKidder Жыл бұрын

    I REALLY hope you do a follow up video on who funded the second World War. This is a very important aspect of war, it affects everyone.

  • @paulceglinski3087
    @paulceglinski30872 жыл бұрын

    Now, that's a teaser! More videos on WW1, indeed! Shout out to Officially Devin: Dude, you are the best narrator ever! [mic drop]

  • @davidcunningham2074
    @davidcunningham2074 Жыл бұрын

    fascinating

  • @ricotkaufman4212
    @ricotkaufman4212 Жыл бұрын

    Thanks!

  • @akagi007
    @akagi0072 жыл бұрын

    I have seen literally all episodes of @KingsandGenerals. Besides factually deeper than Marianna Trench fantastic Pacific War series and Pacific War series so this is one of and probably best written episodes on this channel. I do similar job for TV and I know how dificult is to visually ilustrate economic topics (even worse or more chellenging are only IT - software topics). Therofore I fully understand quite imposible task to make this episode visually appealing, BUT story was so well written, that I was on the hook all the time and do not care about loooooooooooooooooooong shots - that waving committee was adorable at the end :-) Speaking about end - that final methaphoric Statue of liberty to profit from anything is fantastic. On the otherhand some sterotypical but that time accurate sarkastic caricatures were a bit over my (!!!) edge, yet - again - I understand why and what was the point, but it revealed maybe a tiny bias against the reasons why USA entered the Great War. Maybe some stupid advice - instead of word INFOBOX I would use a proper journalistic style title of each informative boxe. And the "infobox" I would left on screen a bit longer. As not native english speker (and special economical wording in this particular cae) I couldnt read it at once in time so I had to stop and rewind video to finish it. In addition cause focusing on reading sprint in Usain Bolt style, I had lost contact with narrator. Besides this I am still confident that it was one of the best writen (and narrated of course :-) ) episodes on @KingsandGenerals. Honestly thank you for fresh and outside the box view on milion times presented topic as Great War is and will be.

  • @Shuuchi0676
    @Shuuchi06762 жыл бұрын

    Has the US ever done anything abroad NOT motivated by money?

  • @ofallmyintention9496

    @ofallmyintention9496

    2 жыл бұрын

    Of course not. The saddest thing is that the American public point fingers at each other (i.e. democrats, republicans, etc) instead of the real evil: the federal government.

  • @BasicLib

    @BasicLib

    2 жыл бұрын

    Has any state ever done anything abroad not motivated by money and economics?

  • @markusskram4181
    @markusskram4181 Жыл бұрын

    Interesting video !

  • @bigsarge2085
    @bigsarge20852 жыл бұрын

    Interesting!

  • @cayetanosoler3432
    @cayetanosoler3432 Жыл бұрын

    Germany sided with the Ottoman empire for access to its oil rich lands . Palestine was also under Ottoman control and straight after its defeat the Sykes/Pico Treaty was signed carving up Ottoman territory between France and Great Britain. Britain got Palestine and signed the Balfour treaty just before the end of the war .

  • @andy72090

    @andy72090

    Жыл бұрын

    and Germany successfully knocked the Russians out of the war, with the help of the Russian Revolution...but all of a sudden...after the Balfour Declaration which was written to Jacob Rothschild, the Germans mysteriously ran out of money. And they call it the stab in the back "myth"

  • @cayetanosoler3432

    @cayetanosoler3432

    Жыл бұрын

    @@andy72090 follow the money trail

  • @JohnJohn-pe5kr
    @JohnJohn-pe5kr2 жыл бұрын

    I was expecting a pacific war video but I forgot K&G were working on Midway can't wait to watch.

  • @banerjeesiddharth05
    @banerjeesiddharth052 жыл бұрын

    Very nice video

  • @richardgietzen4591
    @richardgietzen45912 жыл бұрын

    Nothing is mentioned about the ( Balfour Deceleration )

  • @costaspassas3493
    @costaspassas34932 жыл бұрын

    excellent

  • @Xristoforos41493
    @Xristoforos414937 ай бұрын

    Finance was everything. The central bank baby! You gotta love currency loaned at interest!

  • @BrazilianImperialist

    @BrazilianImperialist

    Ай бұрын

  • @Jarod-te2bi
    @Jarod-te2bi2 жыл бұрын

    Can you do a video on the Meuse Argonne offensive?

  • @MichaelSmith-ij2ut
    @MichaelSmith-ij2ut2 жыл бұрын

    As a lender of money to the Entente myself, I'm really glad to see this important issue finally getting some coverage.

  • @bar1825

    @bar1825

    2 жыл бұрын

    what

  • @riddhimaansenapati5006

    @riddhimaansenapati5006

    Жыл бұрын

    @@bar1825 A joke.

  • @bar1825

    @bar1825

    Жыл бұрын

    @@riddhimaansenapati5006 this is a joke?

  • @marshalkorv5976
    @marshalkorv59762 жыл бұрын

    Hello, Kings and Generals can you pls do a video about the Spanish armada and its rise and fall?

  • @ironsentinel6047
    @ironsentinel60472 жыл бұрын

    That thumbnail is both cool and terrifying at once.

  • @deninurdiansyah6477
    @deninurdiansyah64772 жыл бұрын

    Very nice educated video

  • @salilbhatnagar
    @salilbhatnagar2 жыл бұрын

    What’s the name of the background music? It’s really nice!

  • @coliniveson2122
    @coliniveson2122 Жыл бұрын

    Fascinating insight to an angle of the first world war and dare I add, nothing has changed.

  • @evelgent1847
    @evelgent18472 жыл бұрын

    Thumbnail looking epic

  • @Spacemongerr
    @Spacemongerr2 жыл бұрын

    It was James Bissonnette.

  • @donnysandley4649
    @donnysandley46492 жыл бұрын

    just WOW😱

  • @femia4125
    @femia41252 жыл бұрын

    Kaiser wilhelm: I got them on ze ropes America: nope

  • @motiondead8894
    @motiondead88942 жыл бұрын

    The thumbnails recently have been getting better, keep up the good work guys!

  • @jdrancho1864
    @jdrancho18642 жыл бұрын

    The US instituted a telecommunications tax that Ma Bell collected to pay for the Spanish=American War. Initially it was thought to be a very narrowly based tax as mostly only businesses and wealthy families could afford to have phone service. We know of course how that went. The tax was in place for about onehundred years and didn't come off until the 1990s.

  • @ericshetka3655
    @ericshetka36552 жыл бұрын

    It makes me sad to see the WW2 and Korean Conflict era Veterans here in America still clinging to their last few years are now the same age as the WW1 Veterans we're when I was still a small boy... Sometimes I feel like the Gulf War Era and Global War On Terrorism guys like myself will never really get this experience... We are a much smaller percentage of the total population as a cohort and spread out across Boomers, Genx'ers, and Millennials with a much more variety degree of what can still be called Combat Experience... The General Population seems to have completely forgotten the Human and Economic costs of War in the modern age as we simply put it on the Washington's tab and outsource the majority of the fighting to indigenous populations that could be accurately defined as neo-peasantry fro the most part.

  • @BasicLib

    @BasicLib

    2 жыл бұрын

    What do you think about the western efforts to help Ukraine from the perspective of someone whose served his country? (And yes I known it’s more complicated than “serving your country”)

  • @ericshetka3655

    @ericshetka3655

    2 жыл бұрын

    @@BasicLib I think it is complicated by a lot of politics and Propaganda, my instinctual reaction to the Conflict was to try and figure out a way to Volunteer in Ukraine's Foreign Fighters Regiment, but the dogmatic Cold-War Era one sided media reporting, and the blatant cash grabs going on by Western Banks and Arms-Producers has turned me off from the idea... WHY are they afraid to allow Russians and their Leadership there to exercise freedom of speech in favor of mirroring Soviet Era Propaganda techniques via the Western Media that has unarguably become an Oligopolistic structure? This is the question they are forcing me to ask myself as of late, but it has multi-faceted answers...

  • @ericshetka3655

    @ericshetka3655

    2 жыл бұрын

    ...My biggest concern is how much bang for their buck they are really getting out of the aid packages being sent there... We could literally add three more entire Marine Corps to the US Military equal to the one we currently have at the rate they are literally DUMPING cash into Ukraine right now, which makes it appear Russia has already won tactically and they are doing stop-gap measures we all will pay for at the gas pump and the grocery line for the next ten years...

  • @MohamedRamadan-qi4hl

    @MohamedRamadan-qi4hl

    Жыл бұрын

    @@ericshetka3655 what? How are they preventing Russians from exercising freedom of speech?

  • @geofftoase3855
    @geofftoase38552 жыл бұрын

    In August 1914 the Bank of England had only £9 million in gold. HM Treasury had to issue a total of £300 million (denominated in £1 and 10s notes) debt-free, created out of nothing (without borrowing from anyone), directly into the domestic economy to keep it afloat. Wherever that £250 million you quote in the video was, it certainly wasn't in the BoE.

  • @cjclark2002

    @cjclark2002

    2 жыл бұрын

    Where was it’s origin ?

  • @napoleonibonaparte7198
    @napoleonibonaparte71982 жыл бұрын

    10:04 Is that where the HOI4 portrait came from?

  • @aneanderthalscout37
    @aneanderthalscout372 жыл бұрын

    Thumbnail instantly reminded me of the 'Gun Devil' from Chainsaw man out of random lmfao

  • @michelleandgary1751
    @michelleandgary1751 Жыл бұрын

    Interesting video... I'm unsure why there was no mention of international banks? You made it sound as if the only players were individual countries.

  • @ofallmyintention9496
    @ofallmyintention94962 жыл бұрын

    The American government has always been playing both sides, as well as their own people, especially since 1913...Most Americans are too busy singing the Star Spangled Banner to pay any attention.

  • @Status1985Quo
    @Status1985Quo2 жыл бұрын

    The Weaver scopes as seen on the rifles were used in WW2, not WW1.

  • @AhesTheDre
    @AhesTheDre2 жыл бұрын

    In French "le nerf de la guerre" means that finances feeds wars. And it seems this has been a business model for some nations...

  • @atlerthedark3639
    @atlerthedark36392 жыл бұрын

    I laughed out loud when I saw the image at 6:24

  • @benjaminnguyen554
    @benjaminnguyen5542 жыл бұрын

    11:54 o.o maps say so much with so little

  • @theawesomeman9821
    @theawesomeman98212 жыл бұрын

    The only reason why America bothered to join the Allies militarily was because the Allies owed them lots of money and helping them win the war garunteed that America would get its money back.

  • @philipuslll

    @philipuslll

    Жыл бұрын

    With large profits

  • @marcusalexanderhunke3291
    @marcusalexanderhunke3291 Жыл бұрын

    The music sounds like Wasteland by Trivecta

  • @MetalZoned
    @MetalZoned2 жыл бұрын

    Is Iron Order any good?

  • @wolffromrome9284
    @wolffromrome92842 жыл бұрын

    I thought it was dews who financed all sides according to, you know?

  • @Jsay18
    @Jsay182 жыл бұрын

    And then it got thrown to the Federal Reserve, and we were fucked.

  • @senormoll
    @senormoll2 жыл бұрын

    Interesting video! The infoboxes could use some proofreading though, like at 10:29 the paragraph doesn't make much sense. And should the titles all be "INFOBOX"? lol

  • @paulabraham2550
    @paulabraham25502 жыл бұрын

    Great stuff on an overlooked aspect of the war. But I could have done without the cast of creepy zombies with blank expressions swaying gently in the breeze. This is going to give me nightmares!

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