Скачать или смотреть The Ottoman Empire Wasn’t Conquered — It Was Bought

In 1854, the Ottoman Empire took out its first major foreign loan.
By 1881, it was no longer financially sovereign.

This documentary explores how debt — not armies — dismantled one of the world’s most powerful empires. Long before the First World War, the Ottoman state had already lost control of its revenues, its currency, and its future.

We trace how repeated borrowing during the 19th century, beginning with the Crimean War loans, drew the empire into a cycle of compound interest, refinancing, and dependency on British and French financial markets. What began as an attempt to modernize the state gradually became an economic trap.

This episode examines:
— How foreign loans funded military reform, palaces, and infrastructure at unsustainable cost
— The role of the Galata bankers and opaque financial practices
— The construction of the Dolmabahçe Palace as a symbol of debt-fueled decline
— The 1875 default and the Decree of Ramadan
— The creation of the Ottoman Public Debt Administration (OPDA), which transferred key state revenues to foreign creditors
— Why the empire continued paying these debts until 1954, long after it had ceased to exist

Rather than falling suddenly in 1918, the Ottoman Empire was gradually hollowed out decades earlier — through balance sheets, bond markets, and financial control. This is the story of how economic power reshaped geopolitics, and how debt became a tool of empire.

A documentary about finance, sovereignty, and the hidden mechanics behind the fall of states.

Disclaimer:
This video was created with the assistance of AI tools and is intended for educational and informational purposes only. It does not constitute financial or investment advice. Always conduct your own research or consult a qualified professional before making financial decisions.

#OttomanEmpire #History #EconomicCollapse #DebtTrap #Dolmabahce #FinancialHistory #Geopolitics #MiddleEastHistory #Banking #Economics #OttomanEmpire #History #Economics #SuezCanal #DebtTrap #Geopolitics #BritishEmpire #Rothschild #Money #Egypt