Scotland tried to make a colony in Panama, which failed horribly. The company involved "was backed by approximately 20% of all the money circulating in Scotland", and its failure crippled Scotland's economy. It fucked them up so hard that they got taken over by the English a decade later, where they've remained for the past 300 years
https://en.wikipedia.org/wiki/Darien_scheme
Scotland tried to make a colony in Panama, which failed horribly. The company involved "was backed by approximately 20% of all the money circulating in Scotland", and its failure crippled Scotland's economy. It fucked them up so hard that they got taken over by the English a decade later, where they've remained for the past 300 years
This was on Behind the Bastards or The Dollop, can't remember. Real real good episode.
I watched the cpg gray video on it (it was 9 years old? time flies I guess)
https://en.wikipedia.org/wiki/Gregor_MacGregor
I got it confused with a different failed colony.
Found the episode though Part One: The Con Artist Who Invented A Country
wow, what a legend
There's an episode about Gregor McGregor buried in Mike Duncan's Revolutions Podcast as well.