Kinda correct...but it's still a very America-centric framing of the situation. The American Revolution was at most one kinda-minor theater in the far larger Anglo-French(-Spanish) War - https://en.wikipedia.org/wiki/Anglo-French_War_(1778%E2%80%9... And Britain only "lost" the American Revolution because it was fiscally somewhat prudent, and prioritized hanging on to other parts of its global empire - ones which were worth far more to the British Treasury than 13 little colonies in North America.
Vs. France was not so careful with its gold (or less able to squeeze the maximum military advantage from each Louis d'or), and the crushing cost of that war led to a fiscal crisis which precipitated the French Revolution in 1789. King Louis XVI's head was chopped off in 1793. (U.S. President George Washington, a local hero of the American Revolution, was very careful to proclaim - and enforce - neutrality in the French Revolutionary Wars between Britain and France.)
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[ 3.4 ms ] story [ 20.5 ms ] threadVs. France was not so careful with its gold (or less able to squeeze the maximum military advantage from each Louis d'or), and the crushing cost of that war led to a fiscal crisis which precipitated the French Revolution in 1789. King Louis XVI's head was chopped off in 1793. (U.S. President George Washington, a local hero of the American Revolution, was very careful to proclaim - and enforce - neutrality in the French Revolutionary Wars between Britain and France.)