Wild to me that this fact about WW1 bond sales is relatively well known and reported on by mainstream news, but AFAICT almost no historians have updated their views on the main causes of WW1.
Even Niall Ferguson on nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzpmhxue69uhkummnw3ezumt0d5hsvge3uc's podcast seemed not to know about it, despite him being one of the most critical of the conventional narrative historians.