Birdwatch Note Rating
2024-04-19 17:59:49 UTC - HELPFUL
Rated by Participant: 8D5BB66D482D80C34805089495511ED3A6C9DEA22E34560E6A3553DBC43163C5
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