Spain Was Richest — Then Went Bankrupt

Описание: Spain dominated the 16th-century world, creating the first true global empire that spanned Europe, the Americas, Africa, and Asia. Its treasuries overflowed with gold and silver from Mexico and Peru — more wealth than any nation had ever seen. Yet, in less than a century, Spain fell into repeated bankruptcies.

We explore how Spain — once the richest empire on Earth — destroyed itself through economic missteps. From the Price Revolution that sparked Europe’s first wave of inflation, to costly religious wars, and pirates turning treasure fleets into floating banks, Spain’s story is a cautionary tale. While Spain squandered treasure, its rivals — England and the Dutch Republic — turned stolen silver into long-lasting navies, banks, and trade systems.

The lesson is clear and urgent today: sudden inflows of money, whether from debt, credit, or printing, don’t guarantee wealth. Without systems, discipline, and real investment, riches can corrode from within. Spain’s empire collapsed because it mistook treasure for security. Are we heading down the same path?

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On this channel, I create content about financial history, economic crises, and how countries collapse because of money and debt. I explore how currency devaluation, excessive borrowing, and failed economic policies have shaped history and led nations to financial collapse.

My videos are made for financial history enthusiasts, people interested in the relationship between money, economics, and history, and anyone curious about how debt crises and financial systems change the fate of countries. From ancient empires to modern states, I break down how money, debt, and economic decisions have rewritten history in a clear and engaging way.

If you’re interested in financial collapses, the history of money, and the hidden mechanics behind economic crises, this channel is for you.