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Comment by defrost

8 hours ago

The British East India Company didn't create "billionaires" with vast estates?

The Dutch East Indies weren't returning home with spices of greater value than gold?

Spain didn't plunder so much gold and silver it devalued to the floor?

Belgium went broke under the crushing cost of exploiting the Congo?

I'll go with all empires eventually fall - but many grow on the inflow of wealth from their colonies.

Perhaps you mean "true" accounting - no resources are created, they just move from those that have them to the seat of Empire which wanted them - no net gain, just added costs of transport and military forces.

Historically, though, that's never been how wealth was counted by those that ran ledgers on everything they wanted.