The Richest Empire In History Went Bankrupt (Here's How)
Автор: Unfolded Finance
Загружено: 2026-01-16
Просмотров: 31
In 1550, Spain controlled more gold and silver than any empire in human history. Ships arrived monthly from the Americas loaded with treasure. 180 tons of gold. 16,000 tons of silver. Over $3 trillion in today's money.
By 1557, Spain declared bankruptcy. Then again in 1575. And 1596. And 1607. And 1627. And 1647. Seven bankruptcies in 150 years. The richest empire ever somehow couldn't pay its bills.
This video breaks down exactly how Spain destroyed themselves with wealth. From the silver mines of Potosí to currency debasement to the debt spiral that collapsed an empire. And why America is following the exact same pattern right now.
You'll discover:
How Spain imported $3 trillion in treasure and still went bankrupt
The fatal mistake that turned unlimited wealth into economic collapse
Why Spanish soldiers mutinied despite treasure fleets arriving monthly
The currency debasement that destroyed Spain's economy from within
How Spain declared bankruptcy 7 times while sitting on silver mines
Why America's dollar printing mirrors Spain's 16th century disaster
Empires don't collapse from lack of money. They collapse from destroying their money while spending on things that don't produce wealth. Spain had the silver. America has the printing press. Same pattern, same ending.
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CHAPTERS:
0:00 - The Richest Empire Goes Bankrupt
1:45 - Spain Discovers Unlimited Silver (1492-1550)
3:30 - The Fatal Mistake: Spending Over Production
5:30 - Currency Debasement and The Price Revolution
7:15 - Seven Bankruptcies in 150 Years
9:00 - America's Repeating The Same Pattern
11:00 - What This Means For Your Money
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#Spain #Empire #Inflation #currency #EconomicHistory #FinancialCrisis #Debt #GoldStandard #Monetary #EconomicCollapse #SpanishEmpire
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