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
History of the Russian Revolution and acted.Leon Trotsky was a leading leader of the Bolshevik Revolution along with Lenin. He was expelled from the party and exiled by Stalin. He tried to take refuge in different countries and was able to take refuge in Mexico but was finally murdered in 1940. During his exile period in Turkey, Trotsky wrote this book on the isle of Prinkipo. The "History of Russian Revolution" recreates the story of the Bolshevik revolution. The important quality of this book is its ability to be a memory and an account of major historical event by a participant and theorist. The book