Birdwatch Note Rating
2024-04-19 14:40:20 UTC - HELPFUL
Rated by Participant: 22E68FC56A5D7097D2D57216534C307A0F45F6D4943B9A418B43207F5550B749
Participant Details
Original Note:
The $45 trillion figure is controversial. It's based on assuming 5% compound interest since 1765 (assuming 2% instead would reduce the figure to just $69bn), and it assumes that all net exports to the UK from India were being "drained" regardless of how they were paid for. https://www.reddit.com/r/AskHistorians/comments/gc3ifr/utsa_patnaik_claims_that_the_british_siphoned_45/fp9yyx0/ https://www.reddit.com/r/AskEconomics/comments/xb2bho/ive_seen_a_lot_of_posts_in_the_last_few_days/inxfwfa/
All Note Details