Spain?

by Zeudberg

The spanish once had a global empire. Can someone explain, how a nation that stole a continent worth of gold and silver managed to still be poor ?

jschooltiger

Hi, while more can always be said, you may be interested in this section of our FAQ.

TywinDeVillena

Not wanting to discourage further comments, but I answered a similar question some time ago:

https://www.reddit.com/r/AskHistorians/comments/iff73l/how_did_spain_go_from_controlling_most_of_south/