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The Empire That Died of Easy Wealth: How Gold Ruined Spain

In the 16th century, Spain didn’t just win the lottery—they found the bank. The discovery of the Potosí silver mines should have made the Spanish Empire invincible, but instead, it triggered a historic economic collapse. This documentary reveals how the ""Resource Curse"" turned vast riches into a lethal addiction, proving that money is not the same as wealth.

We uncover how the massive influx of silver sparked the Price Revolution, causing 400% inflation that crushed the Spanish middle class and hollowed out domestic industry. Learn how King Philip II’s obsession with endless war and high-interest loans from foreign bankers led to the world’s first series of sovereign defaults. From the horrors of the mita labor system to the rise of the Dutch and English economies on Spanish coin, discover how the world’s most powerful empire drowned in its own fortune.