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In 1557, the richest empire on Earth declared bankruptcy. Spain controlled half the world and received shiploads of gold and silver every month from America. Yet by 1666, Spain had gone bankrupt 9 times. How does a nation with infinite gold go broke? This is the story of how American silver destroyed the Spanish Empire through inflation, debt, and economic collapse. More importantly, it's the story of how the exact same mechanism is destroying oil-rich nations today—Venezuela, Nigeria, Russia—right now. In this video, you'll discover: Why Spain's treasure fleets made Spain poorer, not richer The hidden mechanism called "Dutch Disease" that destroys resource-rich economies How European bankers engineered a sophisticated debt trap that outlived the empire Why the silver mines at Potosí cursed Spain instead of blessing it The shocking parallels between 16th-century Spanish silver and 21st-century petrodollars The gold wasn't a blessing. It was poison. This pattern repeats whenever a nation discovers that its soil contains wealth. And it's happening again. #SpanishEmpire #EconomicHistory #ResourceCurse #DutchDisease #VenezuelaCrisis #Documentary