When Too Much Wealth Destroyed An Economy (The Spanish Empire)
Автор: Independent Financial Historian
Загружено: 2026-02-27
Просмотров: 459
Описание:
In 1545, the Spanish Empire discovered Potosí, a mountain made of silver that should have guaranteed eternal wealth. Instead, it triggered the first global inflation crisis, hollowed out Spain's economy through what we now call "Dutch Disease," and led to a massive sovereign default four times under the same king.
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This video analyzes the forensic record of how the world's reserve currency was debased from the inside by the very people sworn to protect it. We explore the eerie parallels between the collapse of Spanish financial dominance and the current state of the US dollar, offering historical lessons on who survives when a monetary system breaks.
This video is for educational and entertainment purposes only. I am not a financial advisor. Please conduct your own due diligence and consult with a professional before making any investment decisions. The video is based on publicly available research from multiple online sources; accuracy may change over time. Please do your own research, verify details with qualified professionals. If you want the source links, ask me in the comments.
#history #economics #silver #inflation #finance #spain #wealth #investing #money
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