Jeff Ryan

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THE DECLINE Around 1750 the British (and the French) became stronger than the Dutch, both because their own power had grown and because the Dutch had become weaker. As is classic, the Dutch a) became more indebted, b) experienced a lot of internal fighting over wealth,8 and c) weakened militarily. All this made them vulnerable to decline and attack.
Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
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