The claim that a more aggressive British dreadnought programme would have bankrupted Britain meets a direct objection: Germany curtailed the competition under pressure to redirect money to its army. The turning point is placed around 1912. Britain continued with five Queen Elizabeth-class battleships and plans for eight Revenge-class ships. That continuing programme supports the assessment that Germany's competing military priorities constrained the race before Britain exhausted its willingness to build.
Notable Point · 30:47-32:37
Why Germany, not Britain, curtailed the dreadnought race
German Army budget pressure and Britain's continuing battleship programme undermine the claim that Germany could have bankrupted Britain through naval competition.