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I always find myself feeling bad for Spain. They were the pioneers of having truly massive colonial empires, and lost it all.
How could this have been prevented? I can see Napoleon not invading Spain as helping, but imagine a Spain controlling most if not all of Central and South America well into the 20th Century?
As a side note (because I don't want to start another topic for it) I had an interesting thought about some of the threads about America losing the independence war against the Brits. Had this happened, and the 13 states were still British through Napeoleon's reign, who would Napoleon have sold Louisiana to? Surely not the British