Elizabeth I’s Inheritance: England’s £200,000 Debt Crisis 1558
Introduction Imagine inheriting a kingdom so financially ruined that its debts would cripple most modern nations. This was precisely the catastrophic situation facing Elizabeth Tudor when she ascended the English throne on 17th November 1558. At just 25 years old, the future Gloriana found herself ruler of a realm teetering on the brink of bankruptcy, … Read more