1 comment

[ 1.9 ms ] story [ 15.1 ms ] thread
All told, the venture, dubbed the Darien Scheme,[3] drained Scotland of an estimated quarter of its liquid assets and played a key role in forcing the country to the 1707 Act of Union which united the Kingdoms of Scotland and England.

Some more details on the consequences of failure here https://en.wikipedia.org/wiki/Darien_scheme#Consequences_of_...