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How Portugal Lost Its Empire to Economic Mismanage

How did one of the world’s first global empires fall from unmatched maritime power to a struggling European nation? In this video, we uncover the economic decisions, political missteps, and centuries-long financial decline that caused Portugal to lose its vast overseas empire. From the riches of the Spice Trade to the collapse of colonial revenue, discover how corruption, weak reforms, risky borrowing, and inefficient governance slowly drained Portugal’s strength. We break down key turning points, the economic crises that reshaped the empire, and how mismanagement opened the door for rivals like Britain, Spain, and the Netherlands. Whether you’re a history lover or curious about how financial mistakes can dismantle even the greatest powers, this deep dive reveals the real story behind Portugal’s imperial decline. #financialhistory #history #money