Prof Jiang’s Predictive History (The Story of Civilization, Secret History, Game Theory and more) Game Theory 6: The World Bank
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Feb 6, 2026 A historical tour of how English language, dollar incentives, and migration emerged from British global finance. Traces Spain to Britain: trade, piracy, banking, and legal systems that built offshore centers. Explores colonial extraction, elite co-option through schooling and finance, and how naval power enforced a global financial order. Considers moral costs and overfinancialization tied to imperial decline.
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How Wars Against Napoleon Cemented British Financial Power
- Britain financed wars against Napoleon, losing most but ultimately winning and consolidating a global financial empire.
- Mr./Prof. Jiang uses the Bank of England and East India Company to show England converted military spending into long-term financial dominance.
Colonial Trade Created Systematic Wealth Extraction
- Britain extracted wealth from colonies by deindustrializing local industries and exporting manufactured goods, creating asymmetric value flows.
- Mr./Prof. Jiang summarizes India supplying raw value while Britain supplied high-margin manufactured products and financial returns.
Why Local Elites Cooperated With British Empire
- Britain incentivized local elites to collaborate by offering capital protection and the ability to move wealth and children abroad.
- Mr./Prof. Jiang explains finance, schooling, and naval power let elites secure their position through cooperation with Britain.