When Winning the Lottery Destroys a Nation скачать в хорошем качестве

When Winning the Lottery Destroys a Nation

The fall of the Spanish Empire is usually blamed on war, corruption, or bad leadership. This video argues something far more unsettling: Spain collapsed because it was too successful. In the 16th century, Spain controlled more silver than any society in recorded history. Not abstract wealth, not paper promises—real metal, mined in the Andes, minted into coins, and shipped across oceans. What followed was not prosperity, but a slow internal breakdown driven by inflation, debt, deindustrialization, and dependency. This video breaks down how: Massive silver inflows from Potosí triggered Europe’s first major inflationary shock Easy money destroyed domestic production and made imports cheaper than local goods Spain turned from a productive economy into a consumption-based empire War spending and global ambition pushed the crown into permanent debt Credit markets, defaults, and debasement hollowed the empire from the inside Spanish silver ultimately financed the rise of rival powers like the Netherlands and England Rather than a sudden collapse, Spain’s decline was a structural sequence—a machine built from incentives that rewarded short-term survival over long-term sustainability. This is the classic resource curse, centuries before oil, played out at global scale. This story is not just about the past. It’s about what happens when money arrives faster than an economy can adapt. If you’re interested in: Economic history The rise and fall of empires Inflation, debt, and monetary systems How resources reshape societies Long-term structural collapse this video is for you. Watch to the end to see why an empire at its peak can already be in decline, and why the most dangerous phase of collapse often looks like success.