How Spain Bankrupted the World's Richest Empire (8 Times)

Описание: Spain controlled more silver than any civilization in history. A single mountain in Bolivia produced more wealth than France, England, and the Dutch Republic combined. Spanish galleons carried 181 million pesos of treasure across the Atlantic. On paper, the Spanish Empire was invincible.

Then they went bankrupt. Eight times.

Between 1557 and 1680, the richest empire on earth declared financial collapse more often than any major European power. Not despite the silver. Because of it.

This video reveals how American treasure destroyed Spanish industry, created dependency on foreign bankers, and funded endless unwinnable wars. You will learn why Genoese financiers extracted wealth at the source while Spanish kings begged for loans at 40 percent interest. You will see how resource abundance without productive development guarantees imperial collapse.

The same patterns appear today in Venezuela, Saudi Arabia, and debates about central bank policy. Spain invented the resource curse 400 years before economists named it.

The money trail starts at Potosí and ends in eight bankruptcy declarations. Follow it with us.

Chapters:
0:00 Opening
2:54 The Mountain Worth More Than Kingdoms
5:58 The Price Revolution and the Death of Production
9:51 The Genoese Web
13:27 The War Machine
16:44 Eight Declarations of Failure
20:54 The Curse Lives On