You would be totally wrong on that point. It appears you think King Cotton was a real thing. Turns out it was just a myth. See Industry and Economy during the Civil War The Northern economy grew rapidly during the war while “King Cotton” proved to be nothing but a myth. The South could not even feed themselves.
Again, you are pretty much ignorant of the facts.
I am not wrong on that point. Without a war to stop them, the South was going to keep all that money and the North was going to lose it.
Do I have to clarify for you the fact that the WAR is the only thing that stopped that from happening? Have you not heard me say over and over again the North launched that war to stop the loss of that money?
The Northern economy grew rapidly during the war while “King Cotton” proved to be nothing but a myth.
You blockade a country that is heavily dependent on foreign trade, and what do you expect to happen to their economy?
Again, the North did it to *STOP* the South from gaining wealth that the North would not be getting after secession.
And you act like it is some sort of "magic" for the Southern economy to go to sh*t when armies are invading and naval ships are blockading. Yeah, economies tend to do that when under attack.
The threat to the North was *PEACE*. War was the only answer that could work for the North. They absolutely could not tolerate a peace with the South, because peace would cut off their 700 million per year.
No, You're ignorant of the facts. The facts are the South was paying between 70% and 75% of the tariff. Do you think you know better than all those newspapers and all those commentators from all sides at the time? The North went deeply into debt during the war. The South had difficulty feeding itself because it was not set up to grow food. It was set up to grow cash crops for export. That's what they invested their money in because that offered the highest return on investment. Its not that they were so poor they couldn't grow food or somehow lacked the ability. Given time they could have become self sufficient in food production. As it was they had an economy geared toward producing cash crops for export because that was the most profitable thing to do up to that point.