How Debt Nearly Destroyed America @SideQuestYT

Uploaded June 2026 | Updated September 2026, 3 weeks ago

Get the latest AI tools for just $10 with ChatLLM: chatllm.abacus.ai/sqy

Also grab the first ever SideQuest merch! We've made a limited edition Stars & Stripes Pin Set to celebrate America's 250th birthday! Grab them while they're hot - they'll be available for purchase until July 3, after which they're gone. This is the first of many flag pin sets that we'll be making in the style of SideQuest, so grab yours now: https://sidequest.yt/

-------------------------------------------------------------------

Everyone knows how scary the US national debt is, but did you know that at the very beginning of American history, it is exactly that debt that kept the nascent federal government alive? The question of the revolutionary wartime debt threatened to fracture the union at its earliest stages!

-------------------------------------------------------------------

If you'd like to see more of these videos, consider supporting me on Patreon: patreon.com/sidequest_channel

Have a fancy historical idea you'd like me to cover? Drop a comment and let me know!

-------------------------------------------------------------------

A big THANK YOU to the selfless supporters of SideQuest for their limitless generosity:

Michael Casolary, Alex Newman, Titus Proctor, Clark Teeple, Stoeoef, Quan Van, SerialConvert, Jamesie112, Santos, Oliver McKowen, William DeLoach, Jackie, Victoria Nadasdi, Diogo Freitas, Viddax, Matty Manziel, AirToxic mist, Matthew Kay, Daniel, Duck Dogers

-------------------------------------------------------------------

0:00 - Revolutionary Debt
0:25 - SideQuest Merch!
0:59 - More Revolurionary Debt!

-------------------------------------------------------------------

Further Reading:

jstor.org/stable/1838471
history.state.gov/milestones/1784-1800/loans

$How Debt Nearly Destroyed America Get the latest AI tools for just $10 with ChatLLM: https://chatllm.abacus.ai/sqy Also grab the first ever SideQuest merch! Weve made a limited edition Stars & Stripes Pin Set to celebrate Americas 250th birthday! Grab them while theyre hot - theyll be available for purchase until July 3, after which theyre gone. This is the first of many flag pin sets that well be making in the style of SideQuest, so grab yours now: https://sidequest.yt/ Everyone knows how scary the US national debt is, but did you know that at the very beginning of American history, it is exactly that debt that kept the nascent federal government alive? The question of the revolutionary wartime debt threatened to fracture the union at its earliest stages! If youd like to see more of these videos, consider supporting me on Patreon: https://www.patreon.com/sidequest_channel Have a fancy historical idea youd like me to cover? Drop a comment and let me know! A big THANK YOU to the selfless supporters of SideQuest for their limitless generosity: Michael Casolary, Alex Newman, Titus Proctor, Clark Teeple, Stoeoef, Quan Van, SerialConvert, Jamesie112, Santos, Oliver McKowen, William DeLoach, Jackie, Victoria Nadasdi, Diogo Freitas, Viddax, Matty Manziel, AirToxic mist, Matthew Kay, Daniel, Duck Dogers 0:00 - Revolutionary Debt 0:25 - SideQuest Merch! 0:59 - More Revolurionary Debt! Further Reading: https://www.jstor.org/stable/1838471 https://history.state.gov/milestones/1784-1800/loans$

$What If You Invested in Confederate Stocks? Get access to the shares of pre-IPO companies with Jarsy: https://app.jarsy.com/?invite_code=noxred Their secure platform lets you invest fractionally at your convenience: https://sponsr.is/Jarsy Also grab SideQuests first-ever merch! Weve made a limited edition Stars & Stripes Pin Set to celebrate Americas 250th birthday: https://sidequest.yt/ And finally, check out SideQuest on Spotify! Well be launching long-format podcasts there very soon, so make sure to follow us: https://open.spotify.com/show/033E0i6Gf9jNnf1vAWCamR?si=4b56606ad41b462c We all know about the US Civil War, but what if you had invested in the Confederate stock market? Holding assets during war is never an easy thing, especially when hyperinflation and a naval blockade get thrown in the mix. But just how bad would it have been for you as a Confederate investor? If youd like to see more of these videos, consider supporting me on Patreon: https://www.patreon.com/sidequest_channel Have a fancy historical idea youd like me to cover? Drop a comment and let me know! A big THANK YOU to the selfless supporters of SideQuest for their limitless generosity: Michael Casolary, Titus Proctor, Clark Teeple, Stoeoef, Quan Van, SerialConvert, Stewart Meney, Santos, William DeLoach, Diogo Freitas, Viddax, Matty Manziel, AirToxic mist, Matthew Kay, Daniel, Vodwyvern 0:00 - Stocks Before the Confederacy 2:45 - Outbreak of War 6:42 - Blockade Runners 8:36 - After the Surrender Further Reading: https://www.jstor.org/stable/1928254?seq=4$

How Close Were the Nazis to Nuclear Weapons?

Why Were Military Ranks Sold in the Past?

How the USSR Almost Invented the Internet