HAITI

Haiti 🇭🇹 declared its independence from France, January 1, 1804.

In 1823 France 🇫🇷 made Haiti pay back 150 million Francs . It took an entire century for Haiti to finally be free. That’s 14 billion dollars in today’s money.

The United States 🇺🇸 worked to isolate a newly independent Haiti during the early 19th century and violently occupied the island nation for 19 years in the early 20th century. While the U.S. officially left Haiti in 1934, it continued to control Haiti's public finances until 1947, siphoning away around 40% of Haiti's national income to service debt repayments to the U.S. and France.

Much of this debt to France was the legacy of what the University of Virginia scholar Marlene Daut calls "the greatest heist in history": surrounded by French gunboats, a newly independent Haiti was forced to pay its slaveholders reparations. You read that correctly. It was the former slaves of Haiti, not the French slaveholders, who were forced to pay reparations. Haitians compensated their oppressors and their oppressors' descendants for the privilege of being free. It took Haiti more than a century to pay the reparation debts off.