England: South Sea Bubble - The Sharp Mind of John Blunt - Extra History - Part 1

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Extra History

Extra History

9 жыл бұрын

📜 England's South Sea Bubble - Part 1 - Extra History
When Robert Harley steps in as England's new Chancellor of the Exchequer, he discovers that not only is the government deeply in debt, but no one knows quite how much debt it owes. Because vicious political infighting between the Tory and Whig politic parties made it difficult to pass new tax laws, Harley turned to a private financier named John Blunt to help find enough money for England to keep up with its expenses for the year. Using Harley's government resources, Blunt instigated a series of get-rich schemes that drove artificial demand for unsustainable land and lottery investments with tremendous short term gains. Before the year was done, Blunt had successfully covered the shortfall for the government that year - albeit at the cost of driving England's already outrageous debt even higher.
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Miss an episode in our South Sea Bubble Series?
Part 1 - • England: South Sea Bub...
Part 2 - • England: South Sea Bub...
Part 3 - • England: South Sea Bub...
Part 4 - • England: South Sea Bub...
Part 5 - • England: South Sea Bub...
Series Wrap-up & Lies Episode - • England: South Sea Bub...
Thanks for the high-quality conversations & for following our community guidelines here: bit.ly/ECFansRNice
Artist: David Hueso I Writer: James Portnow I Voice: Daniel Floyd I Editor: Carrie Floyd
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#ExtraHistory #SouthSeaBubble #History

Пікірлер: 2 100
@Centurian128
@Centurian128 4 жыл бұрын
That moment you realize that Dan never got to cover Julius Caesar or the Spanish Inquisition before he left :(
@MYTRYAAIN
@MYTRYAAIN 4 жыл бұрын
Yo three months later, why'd he leave? Joined the channel after he left.
@dorkfish1275
@dorkfish1275 4 жыл бұрын
@@MYTRYAAIN idk, but he did a wise move.
@darrenbutler9819
@darrenbutler9819 4 жыл бұрын
@@dorkfish1275 why Wise? It's a great channel that talks about all kinds of history
@dorkfish1275
@dorkfish1275 4 жыл бұрын
@@darrenbutler9819 Have you seen how downhill everything other than their history series has gotten?
@darrenbutler9819
@darrenbutler9819 4 жыл бұрын
@@dorkfish1275 what do you mean exactly?
@vicentetemes5793
@vicentetemes5793 8 жыл бұрын
Nobody expects the Spanish Inquisition, but even less people expect the South Seas' Bubble.
@Greg_Ulmer
@Greg_Ulmer 8 жыл бұрын
fewer
@vicentetemes5793
@vicentetemes5793 8 жыл бұрын
eggertstwart Shut up Stannis.
@KennyHazy97
@KennyHazy97 8 жыл бұрын
+Vicente Parker It is a very odd topic for an Extra History series. Who could've possibly put forward so many votes on Patreon to choo--it was Walpole.
@byzantium1416
@byzantium1416 7 жыл бұрын
So negative amounts of people expect the south seas bubble? My god....
@yusufhussein1343
@yusufhussein1343 7 жыл бұрын
Vicente Temes I
@MogofWar
@MogofWar 8 жыл бұрын
0:08 "This time it's going to be a daring tale of high seas, adventure, and romance--Nah I'm just kiddin' this is going to be all about finance, and economics." Most stories about the prior are really stories about the latter anyway.
@darthparallax5207
@darthparallax5207 5 жыл бұрын
EDMOND DANTES!
@doopboop8359
@doopboop8359 5 жыл бұрын
WALPOLE
@lavendervonstaro4004
@lavendervonstaro4004 3 жыл бұрын
*Historical Materialism intensifies*
@suneenough
@suneenough 8 жыл бұрын
Yes, Mr. *Blunt* must have been very *sharp.*
@bliffity2692
@bliffity2692 8 жыл бұрын
A pun is a punishable crime alone, but when you use the already made pun on the video of the creator of the pun in which they made the pun, you must commit seppuku.
@MegaKoutsou
@MegaKoutsou 8 жыл бұрын
+Bliffity PUNishable action? Was that intended?
@bliffity2692
@bliffity2692 8 жыл бұрын
gijijijijijijijijijijji *FACK*
@mementomori1320
@mementomori1320 8 жыл бұрын
What if his rival Mr. Sharp was quite blunt
@privatemcawesome4782
@privatemcawesome4782 8 жыл бұрын
+Bliffity Sudoku* Common typo
@TheManWithTheFlan
@TheManWithTheFlan 9 жыл бұрын
In this case, they *did* expect the Spanish Inquisition.
@AegixDrakan
@AegixDrakan 9 жыл бұрын
That was their first mistake. XD
@Azmodeus87
@Azmodeus87 9 жыл бұрын
probably why there was no spanish inqusition.
@shack_em6752
@shack_em6752 9 жыл бұрын
NO ONE EXPECTS THE SPANISH INQUISITION!
@Burkutace27
@Burkutace27 9 жыл бұрын
Blue Wolf Pack That's been driven so far into the ground it's burrowed through the crust, mantel, core and burst out through the other side.
@shack_em6752
@shack_em6752 9 жыл бұрын
Burkutace27 and found... THE SPANISH INQUISITION....AND DIDN'T EXPECT IT!!!!
@tomjack1000000
@tomjack1000000 4 жыл бұрын
When Dan talks about loving extra credits and following other topics it just makes me sad, miss ya dude
@W-I463
@W-I463 3 жыл бұрын
Why did he leave?
@spiritorange8325
@spiritorange8325 3 жыл бұрын
@Stellvia Hoenheim Dont be spreading false information
@itzbeendakavgaming5632
@itzbeendakavgaming5632 2 жыл бұрын
@@W-I463 Not 100% sure, but he said Extra Credits was just a University project.
@CommissarMitch
@CommissarMitch 4 күн бұрын
Considering he is now happy doing PlayFrame for years and talking a lot about animation and doing video games for a living, I would say he succeeded.
@joshuakusuma5953
@joshuakusuma5953 7 жыл бұрын
A Wolf of Wall Street style movie with Blunt would actually be pretty interesting.
@seanwilliam2856
@seanwilliam2856 5 жыл бұрын
How bout the south seas bubble but in the direction of inaucci
@SamAronow
@SamAronow 5 жыл бұрын
@@seanwilliam2856 HOOK IT TO MY VEINS
@gaycharles391
@gaycharles391 4 жыл бұрын
i was thinking the same. the original pump and dump scheme
@kamanashiskar9203
@kamanashiskar9203 3 жыл бұрын
Blunt was the Lion of the Corporation of London.
@MaxwellAerialPhotography
@MaxwellAerialPhotography Жыл бұрын
Does thou think any of these happening are legal? Absolutely fucking not legal my friend.
@americana_incarnate1717
@americana_incarnate1717 6 жыл бұрын
British General: Sir who shall why fight next? The King: EVERYOONE!!!!
@jamesgors6650
@jamesgors6650 4 жыл бұрын
Cabinet: So which countries are we fighting? King: *Yes*
@Pikashockdragon
@Pikashockdragon 2 жыл бұрын
*Insert The King being chased by a mob of Soldiers* The King: O.o EVERYONE BUT ME!!!!!!!
@kainebishop3970
@kainebishop3970 9 жыл бұрын
It's the educational TV I always wanted as a child.
@plyinglemon
@plyinglemon 6 жыл бұрын
Kaine Bishop I know I'm two years late responding, but you're onto something. If they made an educational history show for kids when I was a kid, I would have never stopped watching it.
@homemadefilms5718
@homemadefilms5718 2 жыл бұрын
Way better than whatever the history channel is nowadays
@Exeggutor_Enjoyer
@Exeggutor_Enjoyer 2 жыл бұрын
@@homemadefilms5718 The worst part is, it used to be good, but the stupid stuff is more profitable.
@ju.c1262
@ju.c1262 4 жыл бұрын
This single word covers the South Sea Bubble..... S T O N K S
@isfren5482
@isfren5482 4 жыл бұрын
Yes
@m.suhaidi4966
@m.suhaidi4966 4 жыл бұрын
Omg u made my spill my soymilk,hahahah
@zEr-ne5ri
@zEr-ne5ri 4 жыл бұрын
@EmperorJuliusCaesar what do you mean?
@goose4919
@goose4919 4 жыл бұрын
@EmperorJuliusCaesar Its a meme of a very unrealistic person looking at literal stock footage.
@josephpenarrieta9619
@josephpenarrieta9619 3 жыл бұрын
Two words: Confused stonks
@samwolfenstein5239
@samwolfenstein5239 7 жыл бұрын
I T W A S W A L P O L E
@robertwalpole360
@robertwalpole360 7 жыл бұрын
It always is. ;)
@Redragonclaws
@Redragonclaws 7 жыл бұрын
Sam Wolfenstein Walpole was the first English PM, and his rule lasted 22 years. It's not surprising that he pops up everywhere.
@farenhite4329
@farenhite4329 6 жыл бұрын
God damn it Walpole.
@infamousempire8302
@infamousempire8302 6 жыл бұрын
This series is the origin of that meme
@youtubebackup3184
@youtubebackup3184 6 жыл бұрын
Sam Wolfenstein another man of culture I see
@MakotoCamellia
@MakotoCamellia 8 жыл бұрын
Still paying on the debt 300 years later? Sounds like England graduated from an American private college. ;)
@azelfdaboi5265
@azelfdaboi5265 5 жыл бұрын
yea
@bigo8647
@bigo8647 5 жыл бұрын
Well, too many wars, too many Colonies uprising, too many soldiers to be fed and paid and transport, too many guns needed. And then the Colonies achieve independence so the money King George III spent in the American Revolutionary War gave him no revenue. And then later on we have to consider the debt with China before the Opium Wars.
@lunag.1521
@lunag.1521 5 жыл бұрын
r/woooooosh
@jonathanhardy2345
@jonathanhardy2345 5 жыл бұрын
Americas economy can only work by maintaining a certain amount of debt
@billyosullivan4514
@billyosullivan4514 5 жыл бұрын
Or an England uni
@kuatokuatokuato
@kuatokuatokuato 9 жыл бұрын
But ... Nobody expects the inquisition :(
@vavakxnonexus
@vavakxnonexus 9 жыл бұрын
I am.
@riquelme3764
@riquelme3764 9 жыл бұрын
Well i certainly didnt expect the inquisition in this episode.
@Aragorn195
@Aragorn195 9 жыл бұрын
Not Even the Spanish Inquisition
@Stabosaurus
@Stabosaurus 9 жыл бұрын
Next episode will look like it's a continuation on the South Seas Company, but halfway in: BAM! Nobody expects the Spanish Inquisition! I'm calling it.
@AnthonyPaoliMasakiSays
@AnthonyPaoliMasakiSays 9 жыл бұрын
Perhaps it's a ploy to keep you from expecting them?
@TheJboy88
@TheJboy88 9 жыл бұрын
Do you mean to tell me that my country has been stuck trying to pay off the same debt for the last 300 years? Makes you wonder why all those Chancellors even WANT the job.
@falconJB
@falconJB 9 жыл бұрын
You get to control the money of the nation in country that is OK with you just ignoring 100s of years of debt, who wouldn't want that job.
@TheGerkuman
@TheGerkuman 9 жыл бұрын
Jeremiah B Plus you may get to be Prime Minister one day.
@1998anirudh
@1998anirudh 9 жыл бұрын
It's a job well done if you're able to placate angry creditors who demand immediate repayment by paying off debt by borrowing money in the hope that in sometime in the future you will have enough surplus to be able to pay off the debt created by borrowing money to pay of the original debt . Deep , isnt it ? The art of the job is pushing immediate debt into the future WITHOUT ending up in a debt trap .
@tibfulv
@tibfulv 6 жыл бұрын
In fairness, the old debt is pretty small now. The debt from the two world wars is bigger. And since the economy expands and inflation happens, even those debts are diminished so that the most recent debt dominates. Though austerity should handle that.
@mannerheommhagel6761
@mannerheommhagel6761 6 жыл бұрын
Jay I'm also british
@Riastrad-hq6ds
@Riastrad-hq6ds 3 жыл бұрын
Hey, it’s happening again! Time to rewatch this series for the seventh time.
@kevinbasantes6363
@kevinbasantes6363 3 жыл бұрын
With the Gamestop thing going on I think it's a good time to rewatch this series
@shropshirec
@shropshirec 9 жыл бұрын
So apparently, Britain was the modern American stereotype before America got it's independence.
@branhan215124
@branhan215124 9 жыл бұрын
Like mother like daughter
@TheBespectacledN00b
@TheBespectacledN00b 9 жыл бұрын
There was a writer who claimed "an American is an Englishman left to his own ends" around that kinda time.
@Sahsa590
@Sahsa590 9 жыл бұрын
The two cultures are more alike then different. Hell Americans cared about the royal baby for some reason.
@Farscryer0
@Farscryer0 9 жыл бұрын
Alexander Kamensky Monarchies, even constitutional ones like in Great Britain, have always been a curiosity for us Americans. I imagine said curiosity is even more pronounced over in Australia, though I doubt its various news centers cover it overmuch like ours do.
@TheBespectacledN00b
@TheBespectacledN00b 9 жыл бұрын
Farscryer0 I am not sure, because Australia has the Queen as their head of state.
@ARSP333
@ARSP333 9 жыл бұрын
As someone who is in the process of getting their business degree (with plans to specialize in accounting) this seems extremely interesting. I can't wait to see more.
@TheSlimyDog
@TheSlimyDog 9 жыл бұрын
Yeah. I'm enjoying this a bit more than the Sengoku Jidai. All those names x_x
@shieldgenerator7
@shieldgenerator7 9 жыл бұрын
TheSlimyDog Oh those names! I could never keep track of who was who between episodes
@1998anirudh
@1998anirudh 9 жыл бұрын
TheSlimyDog I kept track by looking at the colour of their armour .
@TheSlimyDog
@TheSlimyDog 9 жыл бұрын
Pinkie Pie I tried but failed. Also kept forgetting which clan each one was from. Would have been a tiny bit better if they color coded it that way.
@mickeymalone7577
@mickeymalone7577 9 жыл бұрын
yeah so many lords at war and i have a feeling the lotto scheme i this episode is going to come back and bite britain in the butt
@yalfaharr4395
@yalfaharr4395 8 жыл бұрын
1 year later and we haven't seen either Cesar or the Spanish Inquisition
@luska5522
@luska5522 4 жыл бұрын
4 years now
@chipua2230
@chipua2230 4 жыл бұрын
At this point I’m expecting the Spanish Inquisition
@russellbrown6888
@russellbrown6888 4 жыл бұрын
@@chipua2230 That's probably their tactic. Wait until everybody has forgotten they mentioned the Inquisition and then spring a series on them out of nowhere.
@ianhamilton9600
@ianhamilton9600 3 жыл бұрын
June 2021 Jewish pirates is the closest we’ve gotten to Spanish Inquisition and cleopatra is closest to Julius Caesar
@thewayfarer8849
@thewayfarer8849 8 жыл бұрын
The funny thing is that the rumour is that a similar note was made when Osborne took his job, left by the former Chancellor of the Exchequer, with the Labour government scrawling "good luck" underneath it. And another fact, our Chancellor of the Exchequer has *no qualifications in economics, he studied as a journalist My country
@MrCubFan415
@MrCubFan415 6 жыл бұрын
The Wayfarer Hello from across the pond in 🇺🇸!
@dkupke
@dkupke 5 жыл бұрын
Hey, right now here in the states we have a secretary of energy who’s educational background is in animal husbandry.
@thegardenofeatin5965
@thegardenofeatin5965 5 жыл бұрын
The United States and the United Kingdom seem to be in a competition over who can perform the biggest political fuckup. Brexit was a good try, but I think the United States won.
@ReaverLordTonus
@ReaverLordTonus 5 жыл бұрын
Leftover problems from the fall of the RBS?
@TheOmegaXicor
@TheOmegaXicor 5 жыл бұрын
@@thegardenofeatin5965 The game isn't over yet, wait and see our next move... :P
@Thorntonian
@Thorntonian 9 жыл бұрын
I actually realy want to see an episode on the wars of the three kingdoms. It's rarely talked about here in the UK despite being a radical & vitally important part of our history. The most we get is "english civil war" history, which goes something like this- "Charles 1 was ignorant, and he didn't listen to people, and then all these puritans-who were boring and wanted to ban christmas- decided to fight the king, and the king lost, so Oliver Cromwell- who was boring and banned christmas- took over, but then he died, and Charles 2 took the throne, and everyone loved him because he threw lots of parties!"
@headlesswaifer5797
@headlesswaifer5797 9 жыл бұрын
Thorntonian Why do the war of three kingdoms? Why not the battle of five armies?
@Thorntonian
@Thorntonian 9 жыл бұрын
Tristan Phillips... I honestly don't even know what you're trying to say here. Possibly an unrelated note, but have we met? Your name seems familiar.
@headlesswaifer5797
@headlesswaifer5797 9 жыл бұрын
I don't believe we've met. But I'm making a joke about the Hobbit.
@Thorntonian
@Thorntonian 9 жыл бұрын
Tristan Phillips I got the joke, i'm just not sure how it relates.
@TimCheong
@TimCheong 9 жыл бұрын
Thorntonian Three kingdoms war will be awesome. That's what got me into loving history in the first place.
@JordanSmith-yi3ji
@JordanSmith-yi3ji 9 жыл бұрын
Hooray! Economics!
@sumguy0110
@sumguy0110 9 жыл бұрын
Hooray! Soul crushing depression and confusion!
@crabbington7736
@crabbington7736 6 жыл бұрын
Today's story will be about pirates and action.NOPE JK its about economics n boring money stuf
@fabiolean
@fabiolean 6 жыл бұрын
This entire series is my favorite thing right now. I LOVE obscure and interesting moments in history, and I feel like there are a lot of lessons to be learned in the spaces between the classical roster of Great Men and Wars.
@bentoth9555
@bentoth9555 8 жыл бұрын
Nobody expects the Spanish Inquisition... to be beaten by the South Seas. I'll see myself out.
@icouldntthinkofaname7773
@icouldntthinkofaname7773 7 жыл бұрын
Ben Toth nobody expects the dragon age inquisition
@tjswanson7577
@tjswanson7577 9 жыл бұрын
Boy, who would have thought that Britain's centuries old financial practices could accurately be described as "Shenanigans"? REALLY looking forward to the rest of these!
@WhatJoUp2
@WhatJoUp2 9 жыл бұрын
OMG I'm getting hyped over financial history! What have you done to me!?
@FonVegen
@FonVegen 9 жыл бұрын
They did what teachers should do
@WhatJoUp2
@WhatJoUp2 9 жыл бұрын
FonVegen Well, I think teacher don't do this because of the audience. If theachers did this the whole class would be like whatever and there would be one or two like us extremely exited. That would be nice but their job is to ensure everyone learns. That's why I'm proud of making part of an audience full with people like you :D
@FonVegen
@FonVegen 9 жыл бұрын
João Pinto Well, thank you ^^ I wasn't trying to criticize teachers, although I guess it looks a lot like it; I just wanted to say that this is a lot more fun than learning numbers all the time; of course it isn't a realistic method for scholl as it is, but it would definitely be awesome ^^
@WhatJoUp2
@WhatJoUp2 9 жыл бұрын
Sory then, I thought you were. Hope I didn't sound too harsh
@FonVegen
@FonVegen 9 жыл бұрын
João Pinto No problem there ^^ I tend to say things differently than I intend to, it's alright to correct me :) Only way to learn, after all ;)
@snakes3425
@snakes3425 8 жыл бұрын
Suggestions The War of the Spanish Succession Golden Age of Piracy Great Depression The Three Kingdoms Period of China The Chinese Civil War Russian Revolution The Gallic Wars
@adventureinc1568
@adventureinc1568 8 жыл бұрын
+snakes3425 The War of the Quadurple Alliance? (1718)
@snakes3425
@snakes3425 8 жыл бұрын
+Captain Inc That would be good also a few more The English Civil War The Greco-Persian Wars The Panic of 1857 The Life of Simon Bolivar The Mexican Revolution The Nine Years War/League of Augsburg Great French War/French Revolutionary/Napoleonic Wars German Unification Italian Unification Classical Greece The Fall of the Western Roman Empire The Hundred Years War War of the Roses Franco-Prussian War Napoleon III Crimean War The Rise and Fall of Napoleon I The French Revolution Louis XVI-XVI The Seven Years/French and Indian War
@adventureinc1568
@adventureinc1568 8 жыл бұрын
snakes3425 Pretty good, here are mine. Russian Civil War 1921-1923 War of 1812. Warring States Period El Capone Black Beard War of Texan Independence War of Mexican Independence Haiti Rebellion 100 Years War 30 Years War Anglo-Russian War 1812 Fall of the Eastern Roman Empire Rise of the Ottoman Empire.
@JoPauloSo
@JoPauloSo 8 жыл бұрын
+snakes3425 Portuguese Discoveries!
@richmondcabunilas2199
@richmondcabunilas2199 8 жыл бұрын
+snakes3425 World's First Circumnavigation by Ferdinand Magellan and Juan Sebastian de Elcano (1517-1521)
@Stounyx
@Stounyx 2 жыл бұрын
This feels very relevant in relation to the NFT bubble
@Zerepzerreitug
@Zerepzerreitug 9 жыл бұрын
"Look mom! I'm learning economics and I'm not snoring while I do so!" "so proud of you son!"
@strategicgamingwithaacorns2874
@strategicgamingwithaacorns2874 8 жыл бұрын
Can you do an Extra History series on the Thirty Years' War?
@ianhamilton9600
@ianhamilton9600 3 жыл бұрын
Oh boy do I have news for you
@JDubs1464
@JDubs1464 2 жыл бұрын
It’s crazy how over half a decade later, we have yet to see the life of Caesar or the Spanish Inquisition
@mithingthooth_5449
@mithingthooth_5449 Жыл бұрын
I miss this narrator
@DoubleATam
@DoubleATam 9 жыл бұрын
It really does feel like an "action-ey" exciting thing despite there being no combat involved! In a way reminds me of Phoenix Wright and the like.
@CoolExcite
@CoolExcite 9 жыл бұрын
This is probably my favorite extra history so far. I am also suprised you explained something like this without getting me confused
@passonthestar3689
@passonthestar3689 7 жыл бұрын
rewatching this exquisite series
@gonzapra1
@gonzapra1 7 жыл бұрын
Same here :)
@vizthex
@vizthex 7 жыл бұрын
Binge re-watching all of the Extra History series (While checking out the NMS Update) :D
@buntado6
@buntado6 8 жыл бұрын
You know, I would inmensily thank you if someday you made a series regarding South America, specially the independence of countries brought for by Simon Bolivar. But the reason I ask this is because I want to test something: I am venezuelan myself, and sometimes I wonder if the reason the history of my own country is unnapealling to me is because of the way it has been teached to me, the grudge it generates in me by seeing how this nefarious government uses it in it's own political campaign, or that I simply wish to hear stories that I haven't heard before. Your videos are very inmersive, so... I'm kinda putting my hopes on you on this matter.
@starbuckscoffee7808
@starbuckscoffee7808 4 жыл бұрын
Predicting 100
@ChadtronicFan
@ChadtronicFan 3 жыл бұрын
And your prayers have been answered.
@williamhowland9977
@williamhowland9977 3 жыл бұрын
revisiting in light of recent news in stonks
@IIxIxIv
@IIxIxIv 9 жыл бұрын
What a great episode, showing that you don't need combat to see awe-inspiring actions, morally wrong but very influential decisions and masterminds at their best. I'm really looking forward to the next one!
@NathanTAK
@NathanTAK 7 жыл бұрын
0:38 So you didn't expect this episode to win over its competitors... You expected... The Spanish Inquisition... My head hurts.
@NathanTAK
@NathanTAK 7 жыл бұрын
Yep, figured somebody had already made this joke when I scrolled down (a month after making this comic). It was me, but I was still right.
@JoshSweetvale
@JoshSweetvale 8 жыл бұрын
Is Blunt the guy Littlefinger is based on?
@pontuslidekil6840
@pontuslidekil6840 7 жыл бұрын
would not surprise me if he was.
@weldonwin
@weldonwin 7 жыл бұрын
You'd probably have to go much further back, since GoT is based loosely on the Wars of the Roses
@dragonkingofthestars
@dragonkingofthestars 7 жыл бұрын
that would be Walpole.
@arrasvonschlieffen9286
@arrasvonschlieffen9286 7 жыл бұрын
if you think of it, Littlefinger was based not on a certain man, but on an image that one man created - Machiavelli
@Overhazard
@Overhazard 9 жыл бұрын
Interesting that the Tories and Whigs could not get along at all and attempted to block anything the other party tried seemingly out of a pure sense of rivalry. Reminds me a lot of the Democrats and Republicans in the United States today, who can't get anything done because they see the other party as enemies to be defeated and subdued. That's the impression I get reading and watching the news, anyway.
@David-fm6go
@David-fm6go 6 жыл бұрын
The interesting thing is about the way it ended. The Whigs won. I don't mean they won two elections or three. They won, all of them. They destroyed the Tories. So much so that the Tories never existed against in real terms. Those people from 1783-1840 who were called "Tories" (Pitt, Addison, Wellington, Burke etc) were actually Conservative Whigs . One of them even said, "the government of the last century is and could only have been a Whig Gov't", despite the fact that since 1783 Pitt the Younger and his "friends" had basically run Britain for 30 years at that point, with only a short interlude after Pitt died in 1806. Part of this was because the Tories were barred from gov't office for several decades, another is because they associated themselves twice with the Jacobite pretenders, which is not a way to ingratiate yourself to the loyal voters of the land, and especially younger generations. And indeed once the older generation passed away in the 1750's, the Tories went from having a significant enough presence in Parliament during Bonnie Prince Charlie's uprising, to having nothing by the 1760's. A similar thing happened in the US, with the Federalist Party in place of the Tories and Democratic-Republicans in place of the Whigs. There were actually many similarities between the Federalists and Tories and between the DRs and Whigs. The most important of which was the former holding on to anachronistic view of government. Tories to Jacobitism, the Federalists to elitist over populism. Just like with the Whigs, when the DRs owned the whole political landscape, they split in two. And the Democrats strained every effort to label their National Republican and later American Whig counterparts as latter day Federalists and elitists, just like dissident British Whigs would label their opponents as Tories. Lord North was labeled a Tory when he was Prime Minister, though he ended up forming an alliance with Charles James Fox that formed the basis for the Whig party in the 19th century (later forming the Liberals). Meanwhile, Pitt and eventually after maneuvering between both sides, Edmund Burke, formed the basis of what would become the Conservative Party.
@sor3999
@sor3999 6 жыл бұрын
No, you're absolutely right. It's not just the impression you get on TV.
@lividphysics1237
@lividphysics1237 6 жыл бұрын
Agreed
@PennyDreadful1
@PennyDreadful1 5 жыл бұрын
The republicans are way worse actually. If you are even mildly moderate. You are either very rare or a democrat.
@dkupke
@dkupke 5 жыл бұрын
And also worth pointing out: its in a situation like that where bottom feeders like Blunt see opportunity.
@CappuccinoGuil
@CappuccinoGuil 9 жыл бұрын
Another part of history I NEVER heard of. Seems promising. Can't wait to learn more about it :D
@Ploxtifs_OldAndDeadAccountXD
@Ploxtifs_OldAndDeadAccountXD 2 ай бұрын
It’s 2024, and we have apparently learned NOTHING from the South Sea bubble…. Money printer go BRRRRR
@Bopl_
@Bopl_ 10 ай бұрын
This in my opinion is the best EH series they have made
@mariuspontmercy2736
@mariuspontmercy2736 9 жыл бұрын
Gotta love some good old-fashioned 1700's-style Enronomics.
@Voxavs
@Voxavs 9 жыл бұрын
I'm surprised this story is not a major motion picture yet.
@notcatisa
@notcatisa 6 жыл бұрын
Damn i didn't know England was Greece at one point.
@vasilykatuma5689
@vasilykatuma5689 5 жыл бұрын
Can you like not N BECAUSE IT! turned others nation's into...greeceS,ISNT anymore...
@HistoryNerd808
@HistoryNerd808 4 жыл бұрын
@@vasilykatuma5689 Do you even English?
@vasilykatuma5689
@vasilykatuma5689 4 жыл бұрын
@@HistoryNerd808 THANK GOD, after your LEAVING, in a generation or two,our children wont have to, PIMPS of nations!
@HistoryNerd808
@HistoryNerd808 4 жыл бұрын
@@vasilykatuma5689 What are you talking about?
@vasilykatuma5689
@vasilykatuma5689 4 жыл бұрын
@@HistoryNerd808 This will happen after brexit...finally your england will show its ROTTEN TEETH behind its polished (with the blood of others...) front...that.
@mvmitemwall948
@mvmitemwall948 4 жыл бұрын
The saddest part is that Dan never got to investigate Caesar or the Spanish inquisition
@tbestig4164
@tbestig4164 6 жыл бұрын
Hard to make economics entertaining, but this series did great with it. Always my favorite extra history episodes
@EchoL0C0
@EchoL0C0 9 жыл бұрын
You guys read the KZbin comments? That's awesome! I love the way you guys cover important historical events that are often overlooked. Also, this episode also reminded me of a game about the opium war called High Tea that is on Kongregate. No idea why.
@kingbadmovie
@kingbadmovie 3 жыл бұрын
Is this kinda what's going on with gamestop right now?
@EthanDyTioco
@EthanDyTioco 6 жыл бұрын
I’m watching this to get to the bottom of the Walpole meme
@thomasspolidoro5301
@thomasspolidoro5301 3 жыл бұрын
what is that meme and feel free to meme me to death for not knowing
@EthanDyTioco
@EthanDyTioco 3 жыл бұрын
@@thomasspolidoro5301 I think Walpole gets mentioned in episode 5 of this series, but tl;dr he's a mad lad who was the reason behind a lot of things happening
@thomasspolidoro5301
@thomasspolidoro5301 3 жыл бұрын
@@EthanDyTioco thanks
@MarcusDarkstar
@MarcusDarkstar 9 жыл бұрын
I like how sympathetic Extra History makes Mr. Harly when otherwise we'd view him simply as a purely corrupt politician...However it shows sometimes in imperfect political systems corruption and sketchy practices is the only way forward. (Note personally such measures should always be temporary until government reforms etc are enacted)
@BrentZeimen
@BrentZeimen 9 жыл бұрын
After this episode, I'm way more excited for the rest of the series than I have any right to be. Great job EH! As a side note, also great choice of ending music.
@DomyTheMad420
@DomyTheMad420 3 жыл бұрын
the best part about this series is the whole intro "we threw it in on a lark" BOI. this is my GO-TO historical fun freaking mind-blower. i tell a shortened version of this story several times a year
@drawingmoo4109
@drawingmoo4109 2 ай бұрын
Watching this again in 2023 is a wild ride
@Borzogo
@Borzogo 9 жыл бұрын
YES! Back already! I love Extra History. Sometimes even more than the original series! :)
@fireaza
@fireaza 9 жыл бұрын
South Sea Company won the vote? I was expecting the Spanish Inquisition.
@vavakxnonexus
@vavakxnonexus 9 жыл бұрын
The shall make the Inquisition Episode right after this one. Because nobody expects the Inquisition.
@Sticker704
@Sticker704 9 жыл бұрын
Everyone expects the Spanish Inquisition.
@DarthSears
@DarthSears 9 жыл бұрын
Nobody was expecting the Spanish Inquisition! ...To lose.
@cielopachirisu929
@cielopachirisu929 9 жыл бұрын
Sticker704 Seems he did.
@e443
@e443 9 жыл бұрын
The Spanish Inquisition is a conspiracy invented by the jews, you guys!
@Udontkno7
@Udontkno7 3 жыл бұрын
gamestop or whatever
@DomyTheMad420
@DomyTheMad420 Жыл бұрын
3:00 it took me 6 years before i thought to myself: "wait. isn't National debt one of those debts that is virtually never actually paid off? they just keep adding onto it "for ever" ("as long as the country's GDP grows more then the debt, we're fine") ?"
@Liletter
@Liletter 5 жыл бұрын
PLEASE do Marie Curie, she’s my idol, and she deserves a lot of recognition, why? Because: -First woman to ever win a Nobel Prize. -First person to win two of them. -First woman in all of Europe to earn a doctorate degree. -Discovered Radium and Polonium. -Coined the term “radiation”. -Is generally awesome.
@starbuckscoffee7808
@starbuckscoffee7808 4 жыл бұрын
Um, she already has recognition.
@CommissarWallace
@CommissarWallace 9 жыл бұрын
Can I suggest the War of Spanish Succession? That's a lot of political chicanery and incredibly influential.
@historybuff222
@historybuff222 9 жыл бұрын
No, all the 18th century, when one could see a European in its natural habitat.
@CommissarWallace
@CommissarWallace 9 жыл бұрын
Robl Nathan the 18th century, where Europeans spent most of their time in other peoples' lands.
@claeab255
@claeab255 Жыл бұрын
Honestly, i don't care what you cover. I just like learning.
@jonathananderson3618
@jonathananderson3618 8 жыл бұрын
I've showed all your videos to my friends, they love your history segments because they find how you teach it amazingly interesting.
@matthewreynolds2384
@matthewreynolds2384 9 жыл бұрын
Drooling for episode 2! This was very well written kudos to the ECH!
@Duncan23
@Duncan23 9 жыл бұрын
I'd love to see a series on the history of the HRE/ hapsburg monachy
@Kreiser_VII
@Kreiser_VII 5 жыл бұрын
I can't stop watching this, I must've watched this whole series like 10 times this month alone
@ethanomcbride
@ethanomcbride 3 жыл бұрын
This is the series that made me fall in love with Extra History.
@Theprimescollective
@Theprimescollective 9 жыл бұрын
This seems really awesome, and I've never heard of it before, so good on you guys. Keep up the good work!
@Mountain_Man_
@Mountain_Man_ 6 ай бұрын
It amazing its been 8 years since the video came out I remember when it came out when I was a freshman in college
@eldermoose7938
@eldermoose7938 5 жыл бұрын
This is honestly my favorite series in the entire extra history library
@jonasgeerthsen6005
@jonasgeerthsen6005 3 жыл бұрын
Coming back to rewatch this series (again), just because it's so, so awesomely made.
@MonzennCarloMallari
@MonzennCarloMallari 9 жыл бұрын
Wow. I wasn't expecting anything about economics with this series. Thanks :) Gives me hope that maybe they'll do the Great Depression one day. Or maybe the robber barons.
@Rakned
@Rakned 9 жыл бұрын
It would be cool if somebody threw together some sort of diagram describing Blunt's plan in more detail than it receives in the video.
@sevenb9495
@sevenb9495 5 жыл бұрын
The fact that this was one of your EARLY episodes is what I adore about this channel.
@Quasimodo1957
@Quasimodo1957 6 жыл бұрын
John Blunt. What an SOB. Thanks for making the financial story of how people were screwed so simple. I'm a history buff and you guys are great!
@MetalSmith
@MetalSmith 9 жыл бұрын
Love the use of FFXI Music. Selbina's theme works beautifully here :D
@joebot86
@joebot86 7 ай бұрын
Years later, thanks for helping me find the song, I swear the used to say what it was in the end credits.
@amyreynolds7244
@amyreynolds7244 9 жыл бұрын
I am so excited about this series! I've already watched the video twice. Goodness, how do you make "X-treme Finance!" look this cool?
@troyzema4014
@troyzema4014 8 жыл бұрын
I freaking love extra history. I don't care what historical event you guys do, the videos are so informative and entertaining I cant get enough
@jakefletcher8311
@jakefletcher8311 9 жыл бұрын
i found your channel last night and i love it can't wait for the crusades part 2
@wintermute93
@wintermute93 9 жыл бұрын
Great work guys, who knew debt could be so interesting? (But plz talk about caesar too)
@TycoonTitian01
@TycoonTitian01 3 жыл бұрын
Who knew that four years later Walpole is still causing mayhem?
@blakestewart2700
@blakestewart2700 4 жыл бұрын
Hands down the best series you've done
@tinnguyen2219
@tinnguyen2219 5 жыл бұрын
Thank you so much sharing this useful data ! Greatly appreciated.
@darkside9020
@darkside9020 5 жыл бұрын
Just rewatched this after seeing the film The Favourite (with the incredibly talented Olivia Coleman) it was interesting to names from the film pop up in this, and to see Harley's motivations to lobby for peace in the war with Spain
@AtlasNovack
@AtlasNovack 5 жыл бұрын
Refreshingly Cynical dude, me too. Love when there’s crossover between EH and other things I’ve seen, or hell, when EH crosses over with EH.
@SamAronow
@SamAronow 5 жыл бұрын
I too got a lot of enjoyment out of knowing the insane, movie-worthy story happening just offscreen.
@VixVixious
@VixVixious 9 жыл бұрын
Ahem... there was already Great Britain in the very early 1700s, because Great Britain is the geographical name of the island. You mean there was no United Kingdom yet! (thanks CGP Grey)
@falconJB
@falconJB 9 жыл бұрын
You are thinking of the modern idea of Great Britain they are talking about the Kingdom of Great Britain, Grey's video does not apply to this period of history.
@VixVixious
@VixVixious 9 жыл бұрын
Jeremiah B In the beginning of the video they imply that Great Britain arose after Scotland and England were reunited, and that's still a wrong implication, given that Great Britain is a geographical term.
@Treviisolion
@Treviisolion 9 жыл бұрын
VixVixious When it was first united it was called the Kingdom of Great Britain as it did not include the Kingdom of Ireland and as such only was the Kingdom of the island of Great Britain, hence the name. After 1801 the Kingdom of Ireland was merged with the Kingdom of Great Britain to create the United Kingdom of Great Britain and Ireland. After most of Ireland seceded, the name was changed to the United Kingdom of Great Britain and Northern Ireland, which CGP Grey explains.
@Wiccanwolf08
@Wiccanwolf08 9 жыл бұрын
VixVixious An argument in semantics really, as Great Britain is BOTH a geographical and political term. "Great Britain" refers to the island and it also refers to the kingdom. It should be known that "Great Britain" is also the name of the island, but considering that we are dealing with the relationships of countries and kingdoms here (and since most people associate the term with a kingdom *anyway*), it isn't really necessary.
@Pilgrim1st
@Pilgrim1st 9 жыл бұрын
No, Great Britain James the 1st of England/6th of Scotland came up with the term.
@Kreiser_VII
@Kreiser_VII 6 жыл бұрын
I keep coming back to this series, it's amazing how many times I've watched it
@jordancadiz6095
@jordancadiz6095 7 жыл бұрын
Idk why but this extra history episode makes me feel warm and fuzzy like Christmas.
@chriscunningham9740
@chriscunningham9740 3 жыл бұрын
Me investing in gamestop right now...
@pyepye123
@pyepye123 6 жыл бұрын
Suggestion: Han empire in china Yue fei chronicle Great videos. Keep up the good work!
@lukeblondell6358
@lukeblondell6358 8 жыл бұрын
This 3-episode series was awesome! It was fascinating as all hell.
@infamousempire8302
@infamousempire8302 8 жыл бұрын
It's five episodes.
@khalidolenja8028
@khalidolenja8028 2 жыл бұрын
Years later this is still 9ne of if not my favorite topic covered.
@KorboQ
@KorboQ 9 жыл бұрын
This is real life Spice and Wolf. I'm prepared.
@martinsto8190
@martinsto8190 2 ай бұрын
Anyone want a extra H. series on the life of Ceasar? They kinda covered the Spanish inquisition with their Jewish Pirates episodes, so that's not needed anytime soon.
@xenonnboy
@xenonnboy Жыл бұрын
Still the best series this channel has done!
@user-yh9vi1oj8m
@user-yh9vi1oj8m 4 жыл бұрын
I read that story in the book, but i couldn't find this extra story in KZbin Korea. So thank you for making this video and subtitle :)
@FakeAssHandsomeMcGee_
@FakeAssHandsomeMcGee_ 7 жыл бұрын
To who or what is the British Government paying back the money to? To itself or the descendants of those who lent the Government money back in the day?
@artofthepossible7329
@artofthepossible7329 5 жыл бұрын
Governments, banks, you know the places that people borrow money from.
@NotableElectronicSounds
@NotableElectronicSounds 5 жыл бұрын
Debt is readily transferable across generations with proper record keeping.
@Lightspeeds
@Lightspeeds 5 жыл бұрын
The decepticons
@luckyc4t110
@luckyc4t110 7 жыл бұрын
You know what would be brilliant? Uploading Episode 1 of a series, and then uploading Episode 1 of the Spanish Inquisition, the next week.
@duncanproffitt9399
@duncanproffitt9399 7 жыл бұрын
I love history and wish to be a history teacher after high school and Extra History is one of my favorite resources to find about different moments of history.
@Thoralmir
@Thoralmir 5 жыл бұрын
This topic has given me an EXCELLENT idea to make sense of some plot points for a fanfic I'm writing.
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