Port Royal's Secret: State-Sponsored Piracy скачать в хорошем качестве

Port Royal's Secret: State-Sponsored Piracy

Port Royal was one of the richest cities of the 17th century—and it was completely based on pirate loot. The English state protected pirates, had them plunder Spanish ships, and took a percentage from this system. The city created the first example of modern money laundering mechanisms: illegal loot was integrated into the legal economy. In 1692, an earthquake destroyed the city, but the real cause of collapse was economic—pirate loot had been depleted. This video explains how Port Royal was established, how it operated, and why it collapsed. The structural limits of illegal economy, state-sponsored violence, and an unsustainable wealth model. The gold sank, but the mechanism survived. #portroyal #pirate #pirateship #caribbeanpirates #illegalmoney #henrymorgan #england #englisheconomics