Gold Made Spain Rich — Then It Destroyed Them
Автор: The Economic Historian
Загружено: 2026-01-31
Просмотров: 83
Описание:
Spain controlled the largest gold and silver reserves in history — yet went bankrupt four times while ruling a global empire.
This is not a story about incompetence.
It is a story about how wealth moves — and who controls it.
In the sixteenth century, the Spanish Empire possessed unprecedented resource wealth from the Americas. Silver from Potosí and Zacatecas flooded Europe, funding wars, empires, and royal ambition. Yet Spain collapsed financially while its rivals prospered.
This documentary examines how extraction without production, borrowing against future resources, and creditor control transformed Spain from the richest empire in history into a fiscal colony of its own bankers.
Through documented bankruptcies, debt restructuring, inflation, and institutional failure, this is a case study in how financial systems overpower raw resources.
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#DebtAndPower
#MonetaryCollapse
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