Repudiation of debt at the Russian Revolution II, the last Emperor of Russia, was forced to sign his abdication and the end of the Russian Imperial Government and of the Romanov dynasty. The new government decided to continue the war, which meant more military spending. To increase budget revenues, a state monopoly was introduced on the sales of sugar, tea, matches, tobacco, and other consumer products. Still, the printing press remained the main source of revenues. This was a period of hyperinflation. The Provisional government was overthrown on October 24, 1917, and the Soviet government was created. The amounts of payments in default were enormous. Russian debt
The Anatomy of Revolution The Anatomy of Revolution The Anatomy of Revolution is a 1938 book by Crane Brinton outlining the "uniformities" of four major political revolutions: the English Revolution of the 1640s, the American, the French, and the 1917 Russian Revolution. Brinton notes how the revolutions followed a life-cycle from the Old Order to a moderate regime to a radical regime, to Thermidorian reaction. The book has been called "classic, "famous" and a "watershed in the study of revolution", and has been influential enough to have inspired advice given to US President Jimmy Carter by his National Security Advisor Zbigniew Brzezinski during the