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1. LS (lain@lain.com)'s status on Thursday, 20-Feb-2025 21:14:20 JST LS
   > The British government also paid 20 million pounds – the equivalent of around 17 billion pounds today – to compensate slave owners for the lost capital associated with freeing slaves. This payout was a massive 40% of the government's budget and required many bonds to slave owners to effectuate the law.
   
   honestly the most amazing this is that in the 1830s when this happened, ~20 billion was half of the british government budget in today's pounds. for comparison: the current budget is around 1200 billion, so around 60 times higher, and there's no empire around this time.
   • ロミンちゃん (romin@shitposter.world)'s status on Thursday, 20-Feb-2025 22:04:40 JST ロミンちゃん

     in reply to
     @lain how many times is the size of guvment bigger :l_sure:
   • LS (lain@lain.com)'s status on Thursday, 20-Feb-2025 22:04:40 JST LS

     in reply to

     • ロミンちゃん
     @romin if i had to guess i'd say around 60 times :catnod:
   • LS (lain@lain.com)'s status on Thursday, 20-Feb-2025 22:13:52 JST LS

     in reply to

     • cool_boy_mew
     @coolboymew apparently the last bond was paid off in 2015
   • cool_boy_mew (coolboymew@shitposter.world)'s status on Thursday, 20-Feb-2025 22:13:53 JST cool_boy_mew

     in reply to
     @lain oh this, I heard that the public was "still paying for it" until recently, which makes all of the social justice BS happening there quite egregious